Warren Mosler: iruzkinak, irratsaioa eta twitterra

You buy another nation’s currency to drive exports to that nation.

(ii) Zergak direla eta

Warren Mosler

Asker, let me begin with the transition job proposal, which can then be used to introduce benefits ‘from the bottom up’. I also address the distribution issue first by recognizing it’s created by current govt. policies, and then by altering those policies. So, for example, eliminating govt. securities serves to eliminate the vast industry built around trading those securities, which itself is a material source of distribution issues. I would eliminate tax advantages for ‘savings’ such as pension contributions which have functioned to create the vast pools of funds under management that the financial sector preys on and also materially contributes to the distribution concerns.

It’s about who makes the rules regarding consumers and how much income they have.

(c) Hirugarren iruzkinak (segida)

(v) Erreserba moneta

Warren Mosler

When I ask even the most senior economists what they mean when they say ‘reserve currency’ they fumble around for a response and can’t give a difinitive answer.

1 Ikus https://m.facebook.com/story.php?story_fbid=10213402304550859&id=1196858889&p=10&av=1391343763&refid=52.

2 Ikus https://soundcloud.com/financialexchange/warren-mosler-economist-wage-growth

3 Ikus https://twitter.com/wbmosler/status/872986526258515969.