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The 7 Deadly Innocent Frauds of Economic Policy

Its not just tax money. The banks have accounts with the fed, much the same that you have an account in a Commercial bank. So, to lend to a bank, we simply use the computer to mark up the sizeof the account that they have with the fed.

Author: Warren Mosler

Binding: Hardcover

EAN: 9780692009598

Condition: New

Manufacturer: Valance Co Inc

Number of items: 1

Number of pages: 117

Product group: Book

Studio: Valance Co Inc

Publication Date: 2010-08-13

Publisher: Valance Co Inc

Pages: 117

ISBN: 0692009590

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Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.