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The 7 Deadly Innocent Frauds of Economic Policy
Warren Mosler
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| #489228 in Books | 2010-08-13 | PDF # 1 | File type: PDF | 117 pages||2 of 2 people found the following review helpful.| MMT for Dummies|By Alex|The book is a brilliant and lucid exposition of modern monetary theory. The idea of a government "running out of money" is ludicrous and there are far worse things than deficits. Does this make government spending desirable? Austerity leads to massive unemployment. Financing government projects by "creating" money may increase inflation. Between these tw
Its not just tax money. The banks have accounts with the fed, much the same that you have an account in a Commercial bank. So, to lend to a bank, we simply use the computer to mark up the sizeof the account that they have with the fed.
You can specify the type of files you want, for your gadget.The 7 Deadly Innocent Frauds of Economic Policy | Warren Mosler. I was recommended this book by a dear friend of mine.