MMT Archive

April 28 Conference

Looks like it’s on and I’ll be there. All invited to attend. Will get details later today and tomorrow. Will be getting a press release out as well. Fighting Back Against the Drive to Slash Entitlements By Ian Welsh April 14 — Back when I was at FDL I had a chat ...Read More

Tom Hickey on MMT

Tom Hickey Reply: April 3rd, 2010 at 12:38 am MDM, the key here is the MMT concept of vertical and horizontal in relation to money creation. This is sometimes called exogenous (outside) and endogenous (inside). When the government “spends,” the Treasury disburses the funds by crediting bank accounts. Settlement involves transferring reserves ...Read More