Wednesday, April 18, 2012

Guns and Butter -- 2012 Apr 18 WE

"Modern Money Theory Explained," with Stephanie Kelton.

Myths about taxation and government revenues in a sovereign currency situation; debts and deficits; full social security and price stability; the use of sectoral balances to analyze the financial position of the different sectors of the macro economy; the three sectors of the macro economy; the two rules governing the three sectors; the financial balance model.
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