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THE VIEW FROM MY GARDEN

THE VIEW FROM MY GARDEN

Political and Social Commentary

Day: January 24, 2016

What would happen if a Sovereign Currency Issuing Government with a floating exchange rate ran a Fiscal Deficit without Borrowing?

There is no nexus that demonstrates that borrowing has anything to do with “financing” government net spending. Borrowing is a monetary operation aimed at interest-rate maintenance.  … Read more “What would happen if a Sovereign Currency Issuing Government with a floating exchange rate ran a Fiscal Deficit without Borrowing?”

January 24, 2016 by John Kelly

We are governed by Idiots

After several interest rate reductions over the past two years, a tool used by the Reserve Bank to stimulate activity, not much has happened. Business has not… Read more “We are governed by Idiots”

January 24, 2016 by John Kelly

This Bernie Sanders’ Appointee Has Proposed an ELR- So Who is She and What is That?

Originally posted on The Déclassé Intellectual:
An Employer of Last Resort, also known as a job guarantee, is exactly what it sounds like. It is a…

January 24, 2016 by John Kelly

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