#deficitspendingmoneycreation search results
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“The U.S. government spends about 14 times more on interest payments than on foreign aid.” (Chris Freiman) The U.S. economy runs on #Profit. The 3-sector #ProfitLaw Qm≡(G−T)+(I−Sm)+Yd implies that the greater part is produced by #DeficitSpendingMoneyCreation. The…
#LearnRealEconomics In an election year, the Fed is supposed to push up the financial markets and the economy. This window-dressing is achieved by #DeficitSpendingMoneyCreation. There is no need to celebrate Jerome Powell, he has just switched the money printer on. That's a job…
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