(High economics, twitterren bidez)
@netbacker Mosler said it in the clip you posted. He said either spend more or cut taxes. Both actions equal more debt.
13:28 – 2015 urr. 13
@RATM4 No, not if you understand how our current monetary system works. That’s @wbmosler point in the interview.
@netbacker @wbmosler That’s not true. The fed gives money to private banks also. That’s what QE is all about.
@RATM4 Oh, no! Fed is “returning” the dollars that were previously spent to buy those bonds. QE is just an asset swap. @wbmosler
Company Store @RATM4 10 orduDuela 10 ordu
@netbacker @wbmosler No, the fed is buying toxic assets and increasing the money supply to those banks for loans.
@RATM4 @netbacker Name one ‘toxic asset’ the Fed is buying thanks
17:08 – 2015 urr. 13
