by Summary:
Good article.The American ConservativeModern Monetary Theory For ConservativesJonathan CulbreathSee alsoAbout what one would expect.Culbreath, like most “mainstream” economists, misidentifies inflation as a "rise in the price levels." But rising price levels are an effect, not a cause, of inflation. Inflation is the very act of money creation by a central bank.Same old, same old. End the Fed. Contrary to proponents of MMT, inflation’s pernicious effects are not limited to times of “full employment.” Instead, they are felt any time the central bank artificially lowers interest rates.He must have been asleep for the last decade.Mises WireNo, Conservatives Should Not Embrace MMTRon Paul
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Good article.Good article.The American ConservativeModern Monetary Theory For ConservativesJonathan CulbreathSee alsoAbout what one would expect.Culbreath, like most “mainstream” economists, misidentifies inflation as a "rise in the price levels." But rising price levels are an effect, not a cause, of inflation. Inflation is the very act of money creation by a central bank.Same old, same old. End the Fed. Contrary to proponents of MMT, inflation’s pernicious effects are not limited to times of “full employment.” Instead, they are felt any time the central bank artificially lowers interest rates.He must have been asleep for the last decade.Mises WireNo, Conservatives Should Not Embrace MMTRon Paul
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
The American Conservative
Modern Monetary Theory For Conservatives
Jonathan Culbreath
See also
About what one would expect.
Culbreath, like most “mainstream” economists, misidentifies inflation as a "rise in the price levels." But rising price levels are an effect, not a cause, of inflation. Inflation is the very act of money creation by a central bank.
Same old, same old. End the Fed.
Contrary to proponents of MMT, inflation’s pernicious effects are not limited to times of “full employment.” Instead, they are felt any time the central bank artificially lowers interest rates.
He must have been asleep for the last decade.
No, Conservatives Should Not Embrace MMT
Ron Paul