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Bill Mitchell — Canada–MMT poster child?

Summary:
On August 10, 2015, the Library of the Canadian Parliament released one of their In Brief research publications – How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects – which described the operational interactions between the Bank and the Canadian Treasury that facilitate government spending in some detail. It allows ordinary citizens to come to terms with some of the essential capacities of the currency-issuing Canadian government, which Modern Monetary Theory (MMT) highlights as a starting point towards achieving an understanding of how the monetary system operates.... Important! Bill Mitchell – billy blogCanada – MMT poster child?Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at

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On August 10, 2015, the Library of the Canadian Parliament released one of their In Brief research publications – How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects – which described the operational interactions between the Bank and the Canadian Treasury that facilitate government spending in some detail. It allows ordinary citizens to come to terms with some of the essential capacities of the currency-issuing Canadian government, which Modern Monetary Theory (MMT) highlights as a starting point towards achieving an understanding of how the monetary system operates....
Important!

Bill Mitchell – billy blog
Canada – MMT poster child?
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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