Monday, August 5, 2019

Everything You Wanted to Know about Modern Money Theory - Bloomberg interviews Randall Wray



One observation worth repeating: Government mobilized 50% of the economy to deal with World War II. By Modern Money Theorists' calculation, only 5% of the economy would be needed for the Green New Deal.

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Sure, a stopped clock is right twice a day, but could Trump ever be anything but a short-fingered vulgarian?

(c) by Mark Dempsey Harry Truman used to say there's nothing new under the sun, just history you don't know. The history of vulgari...