Warren on Barry Armstrong radio
Posted by WARREN MOSLER on 18th March 2012
Link to latest interview:
The Financial Exchange with Barry Armstrong
Posted in Radio | 13 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 funds to pay taxes and buy government securities come from government spending.
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