This is totally obvious and yet also completely obscured. Just freeze time for a minute. Think of everything that exists in the world, or to make it simple let's just…

Let me see, MMT is the acknowledgement that the government can spend the money it prints to make things happen in the economy and its only constraint is inflation which…

While I was thinking about the previous post, and who knows why, this thought came into my head, although mostly unrelated to the topics i usually contemplate here, I'll record…

Last night, just before i went to sleep, after exhausting myself watching Seinfeld reruns, for some reason i started thinking about Lact Hunt's comment that an economy which gets overburdened…

If the role of government can be described by saying that it directs assets toward some groups and away from others through the process of taxation, subsidization and legislation, then…

I've been thinking about...well about all sorts of things, but yesterday it crossed my mind that when we think of money we think of a thing. And, of course, money…