#monetarycreation — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #monetarycreation, aggregated by home.social.
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"Central bankers are not detached, objective technocrats, but powerful political actors, whose decisions favour the powerful, and hurt the weak."
Ann Pettifor: https://annpettifor.substack.com/p/technocrats-as-handmaidens-to-authoritarianism
#interestRates #centralBanks #Fed #money #credit #economics #FederalReserve #technique #technocrats #technocracy #yields #economists #monetaryPolicy #budget #debt #deficits #Crimea #moneyCreation #monetaryCreation #exploitation
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“The government can always finance its spending by creating money.”
~Hyman Minsky, economist#fiatMoney #deficitSpending #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #deficit #Fed #CentralBank #CentralBanks #Treasury #MMT
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“A sovereign government does not need to collect taxes or issue bonds to finance spending. It finances directly through money creation.”
– Eric Tymoigne is an associate professor of economics at Lewis & Clark College, NY, who specializes in the fields of #money and #banking, monetary theory, and financial macroeconomics
#fiatMoney #moneyIssuance #moneyCreation #monetaryCreation #monetaryTheory #slogan #quotes #debt #deficit #Fed #CentralBank #CentralBanks #Treasury #currency #MMT
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Sovereign states invest or spend as much as they want by issuing they own money and credit.
#fiatMoney #moneyIssuance #moneyCreation #monetaryCreation #money #slogan #debt #deficit #Fed #CentralBank #CentralBanks #Treasury #currency #MMT #power #transactions #policy #government #politics #economy #credit #economics #administration