(https://twitter.com/wbmosler/status/1178053890400501760)
Warren B. Mosler #MMT@wbmosler
eta
The micro foundation is that the currency is a public monopoly.
2019 ira. 28
(https://twitter.com/wbmosler/status/1178258494748803073)
Warren B. Mosler #MMT@wbmosler
eta 5 beste erabiltzaileei erantzuten
With the currency a public monopoly, the price levels is necessarily a function of prices paid by the state– the ‘money monopolist’- when it spends.
2019 ira. 29
