By: ESM
“So if you bankster dude’s can just deflect attention for 3 years you are off da hook? But Roman Polanski has hillary clinton chasing him 30 years later because he got some sex? Are you FREAKING...
View ArticleBy: NYSTOCKGURU
With the FDIC playing wolf looking for weakest sheep in the flock… What chance do you think Citigroup has? The SPIC hasn’t even blinked. In my opinion, the systemic risks associated with Citigroup now...
View ArticleBy: Ankur Patel
@WARREN MOSLER, I am a high school student trying to wrap my head around this. This is what i understand: When the government sells bonds, it takes money out of the private sector. When the government...
View ArticleBy: Ankur Patel
@Ankur Patel, Also, im being critical, im just confused about what you, L.Randall Wray, and others have been proposing
View ArticleBy: John O'Connell
@Ralph Musgrave, Or else, if MMT is adopted and it works, and the US is at full employment when the Chinese decide to cash in their Treasuries and buy US products, then they will have to bid up prices...
View ArticleBy: John O'Connell
@Ankur Patel, Ankur, read Warren’s “mandatory readings”. Most of the answers to your questions are there.
View ArticleBy: WARREN MOSLER
or, if, when the Chinese do come in and spend their hoard, it’s a one time relative value shift and not inflation that does reduce our domestic consumption until they run out of dollars and the trade...
View ArticleBy: Ralph Musgrave
@John O’Connell, Agreed. Importing stuff from China in exchange for an ever expanding stock of dollars or Treasuries held by the Chinese benefits today’s US citizens. But as you say, there is a...
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