Interview with Mike Norman
Posted by WARREN MOSLER on November 12th, 2009
The Center of the Universe
St Croix, United States Virgin Islands
MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.-
The financial sector is a lot more trouble than it's worth.
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The funds to pay taxes and buy government securities come from government spending.
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MANDATORY READINGS
♥ The Financial Crisis - Views and Remedies
♥ Full Employment Abandoned Shifting Sands and Policy Failures
♥ Understanding Modern Money
♥ Proposals - UPDATED March 2, 2009
♥ Soft Currency Economics
♥ Full Employment AND Price Stability
♥ A General Analytical Framework for the Analysis of Currencies and Other Commodities
♥ The Natural Rate of Interest is Zero
♥ 2004 Proposal for Senator Joe Lieberman
♥ An Interview with the Chairman
♥ What is Money?
♥ The Innocent Fraud of the Trade Deficit: Who's Funding Whom?
♥ JJ Lando on Quantitative Easing -
Links
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Internet Life
November 12th, 2009 at 10:36 am
What do you call it when China cannot spend the American dollars because they are worthless and America has nothing else they want?
The TRUTH thing is great Warren, I believe!
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November 12th, 2009 at 11:04 pm
What do you call it when China cannot spend the American dollars because they are worthless
THAT WOULD BE HYPERINFLATION. RIGHT NOW IT’S GOING THE OTHER WAY, IF ANYTHING. IMPORTED PRICES ARE GOING DOWN.
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November 15th, 2009 at 8:03 am
However…With an Administration that does not understand the monetary system we can at least expect ADHD inflation?
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