Valance Chartbook update- Weather or not the US is leveling off?
Posted by WARREN MOSLER on 13th February 2011
Posted in BRIC, China, Deficit, Economic Releases, Fed, GDP, Inflation, Japan, Valance | 31 Comments »
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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 most important book ever written" -Elizabeth O'ToolRecent Posts
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The funds to pay taxes and buy government securities come from government spending.
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