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Channel: Corrente - currency sovereignty
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Repeat after me: The USA does not have a 'Greece problem'

Body: ByMarshall Auerback(Cross-posted from New Deal 2.0)

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The Fed won't allow the US to issue currency

Body: There is a war in finance. This war is not a war of a good guy versus a bad guy. This is a war of two bad guys, a war of Titans who could destroy each other and the financial system. The old...

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WaPo Covers MMT, But Does Its Usual Bad Job: Part One, Some Basics and Solvency

Body: It was very welcome to see The Washington Post cover MMT with a reasonably favorable post by Dylan Matthews, published on Ezra Klein's blog called “You know the deficit hawks.

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