Levy Presentation
Posted by WARREN MOSLER on September 10th, 2009
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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.-
MMT: Taxes function to regulate aggregate demand, and not to raise revenue per se.
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The funds to pay taxes and buy government securities come from government spending.
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September 28th, 2009 at 9:21 pm
Was there a powerpoint with this?
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Warren Mosler Reply:
September 28th, 2009 at 9:45 pm
yes, used to be on this website.
maybe under the audio?
let me know if you can’t find it and michael will repost it.
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Warren Mosler Reply:
September 28th, 2009 at 9:47 pm
just click on the blue text above the audio bar
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