…creates “money” out of nowhere. That’s one way of saying it. It adds a mechanism for asset (money) creation beyond “outside” (gov) and “inside” (bank) money issuance. I’d say: MMT…

…“money” out of nowhere. That’s one way of saying it. It adds a mechanism for asset (money) creation beyond “outside” (gov) and “inside” (bank) money issuance. I’d say: MMT largely…

…thinking: Economics does not say that you should make the most money possible. Many professors of economics could themselves make more money in private industry. AND: What lofty talk about…

It should come as no surprise; elections cost money and few people have the funds to run an election. So there is a need of sponsors. Whether they expect a…

Lifted from comments from Edward Lambert’s International flows Part 4 comes a reminder from Angry Bear Steve Roth: This is all part of the universal “saving/saving” confusion. See Nick’s post…

…that my thoughts about when the flash point was for our change to a focus on making money from money was the first Reagan election. I do believe this is…

…The money will be paid back by the boomers’ “children,” who will generally have more money than the boomers did, and who presumably get the advantage of living in a…

…to the characteristics and functioning of certain markets. As an example, consider what is happening to the money markets segment. With policy interest rates floored at zero for such an…

…they are able to make money at all. They “paid for” their retirement, even though the money did not go into the current plan. The workers understand that by ‘grandfathering…

…money from money, that’s not a problem for those who earn their income by such a manor, is it? Back to Mike’s chart. He noted that the change in what…