The Deficit Myth of Dr Kelton and MMT, generally speaking, is that the only way you can fund the deficit is by more public debt.
That's the Myth of the Deficit.
Not very Post-Keynesian of them all.
Every P-K leader I know of advocated deficit funding to promote/finance the needs of the Public Sector, either by Printing the Money (Seignior…
The Deficit Myth of Dr Kelton and MMT, generally speaking, is that the only way you can fund the deficit is by more public debt.
That's the Myth of the Deficit.
Not very Post-Keynesian of them all.
Every P-K leader I know of advocated deficit funding to promote/finance the needs of the Public Sector, either by Printing the Money (Seigniorage Gain to Treasury) OR Increased Public Debt.
Why have they ignored the public money creation option for all these years?
The Deficit Myth of Dr Kelton and MMT, generally speaking, is that the only way you can fund the deficit is by more public debt.
That's the Myth of the Deficit.
Not very Post-Keynesian of them all.
Every P-K leader I know of advocated deficit funding to promote/finance the needs of the Public Sector, either by Printing the Money (Seigniorage Gain to Treasury) OR Increased Public Debt.
Why have they ignored the public money creation option for all these years?
Banker Mosler ??
Just saying.
The Money Apprentice.,