Depression – Warren Mosler

WARREN MOSLER | Modern Monetary Theory

[Skip to the end] After the last budget surplus ended in 2001, Bloomberg stated it was the longest period of surplus since 1927 -1930. Prof.

December 23, 2008

Agreed that government can buy stocks to keep them from falling, as HK did. But the 1930s was a gold standard deflationary collapse. The Fed

February 15, 2008