WARREN MOSLER | Modern Monetary Theory

Trichet statement

Trichet rejected the notion that fiscal discipline would hamper growth in the Eurozone. He’s wrong for the macro economy. “It is a complete fallacy to

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Marshall’s latest

REPEAT AFTER ME: THE USA DOES NOT HAVE A ‘GREECE PROBLEM’ By Marshall Auerback To paraphrase Shakespeare, things are indeed rotten in the State of

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Ed Harrison’s post

Out of control US deficit spending By Edward Harrison April 30 — Regular readers know that, while I have a little of what Marshall Auerback

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The Day Ahead in DC

A true day of infamy! Financial reform and fiscal policy… 9:45 am – President Obama speaks on fiscal policy. At the opening of the inaugural

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Altman is back

America’s disastrous debt is Obama’s biggest test By Roger Altman April 21 (FT) — The global financial system is again transfixed by sovereign debt risks.

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