Counter Conference
Background Fiscal sustainability is very much in the News these days because of the activities of the President’s National Commission on Fiscal Responsibility and Reform,
April 19, 2010
Background Fiscal sustainability is very much in the News these days because of the activities of the President’s National Commission on Fiscal Responsibility and Reform,
“”The backstop package for Greece and the ECB’s climb-down on its collateral rules set a bad precedent for other euro area states and make it
What I would add to his fine review is wherever Professor Davidson indicates ‘increased government spending’ I would add ‘and/or tax cuts depending one’s politics.
Looks like it’s on and I’ll be there. All invited to attend. Will get details later today and tomorrow. Will be getting a press release
I guess he thinks the coming fiscal spending will close the output gap… Cash Crunch Will Force Governments to Do Less By Gerald F. Seib
It’s all falling into place with the austerity measures taking their toll on the financial equity that supports the credit structure in a euro wide
Tom Hickey Reply: April 3rd, 2010 at 12:38 am MDM, the key here is the MMT concept of vertical and horizontal in relation to money
The institutional structure puts the Eurozone in a very awkward position. The higher deficits desired by the economy to restore non govt net financial assets
65% Now Hold Populist, or Mainstream, Views 55% Favor Repeal of Health Care Bill I find his polls as good as any. He shows 54%