…the jump I try and fail). First, as noted by Andy Harless, Kocherlakota is asserting super-neutrality – not just that the level of the money supply doesn’t affect real variables…

…make money from money, could there be any better environment than to have the masses unable to recognize their dilemma? Talk about putting your capital to work! Just as there…

…rate has increased, the worker will have twice as much money in his pocket AFTER paying the tax. Moreover he will get the money back to pay for his longer…

…remains unchanged on Target’s books. You’re transferring a credit. Money is credit. I think that everyone will agree that in normal vernacular speech, money is an asset, not a liability….

…the United States of America cannot pay back the money it borrowed because it ‘did not save’ that money ‘in an economic sense.’” Actually, we specifically explain that the budgetary…

…Faces [fill in the blank] Trillion Dollar Deficit!” And I have tried to explain that what those numbers mean is that we need to raise the amount of money we…

Paul Krugman writes about QE and easy money as being beneficial for the bulk of Americans. But he gives reasons that could justify using easy money all the time, even…

…plentiful central-bank liquidity (money supply), kept the price of money (interest rates) close to zero. With productive capacity (even new housing) on the wane, good jobs scarce, and wages stagnant,…

…firms on Wall Street, dedicated exclusively to making money. The same dynamic has infected other parts of the economy. News organizations once made money in order to report the news….

…banking industry, these deposits, backed by sub-prime mortgages instead of the FDIC, acted as money. Banks relied on it for transactions. “Subprime morgage debt had entered the money supply.” But…