by Summary:
If Modern Monetary Theory (MMT) were implemented, foreign exchange markets would have their say about it, that is if we still had floating exchange rates. FACT: No matter how much money the Fed prints, or what they do with their balance sheet, you cannot spend more money than you make. You can make up a shortfall with debt, but after a while, creditors will have had it with you. Governments have always found the temptation to borrow, overspend, and tamper with the value of their currency. So, savvy investors take protective measures The way you protect yourself from plans to demolish every house and kill all the cows is is with Gold, miners and other hard assets. Got that? ?Bond vigilantes, again.Live Trading NewsOwning Gold Make a Lot of Sense in Here Paul Ebeling
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
If Modern Monetary Theory (MMT) were implemented, foreign exchange markets would have their say about it, that is if we still had floating exchange rates. FACT: No matter how much money the Fed prints, or what they do with their balance sheet, you cannot spend more money than you make. You can make up a shortfall with debt, but after a while, creditors will have had it with you. Governments have always found the temptation to borrow, overspend, and tamper with the value of their currency. So, savvy investors take protective measures The way you protect yourself from plans to demolish every house and kill all the cows is is with Gold, miners and other hard assets. Got that? ?Bond vigilantes, again.Live Trading NewsOwning Gold Make a Lot of Sense in Here Paul Ebeling
Topics:
Mike Norman considers the following as important: MMT, MMT criticism, MMT critics
This could be interesting, too:
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
Matias Vernengo writes Modern Money Theory in the Tropics: A Reply to Agustin Mario
If Modern Monetary Theory (MMT) were implemented, foreign exchange markets would have their say about it, that is if we still had floating exchange rates.
FACT: No matter how much money the Fed prints, or what they do with their balance sheet, you cannot spend more money than you make.
You can make up a shortfall with debt, but after a while, creditors will have had it with you.
Governments have always found the temptation to borrow, overspend, and tamper with the value of their currency.
So, savvy investors take protective measures
The way you protect yourself from plans to demolish every house and kill all the cows is is with Gold, miners and other hard assets.Got that? ?
Bond vigilantes, again.
Live Trading News
Owning Gold Make a Lot of Sense in Here
Paul Ebeling