"Fed policy has crossed the fiscal-monetary Rubicon. Our central bank is conducting fiscal policy masquerading as monetary policy. As long as the Fed keeps paying interest on reserves, its balance sheet can (and has) become immense without _...Read More_

"Fed policy has crossed the fiscal-monetary Rubicon. Our central bank is conducting fiscal policy masquerading as monetary policy. As long as the Fed keeps paying interest on reserves, its balance sheet can (and has) become immense without _...Read More_

"Trading partners will benefit. But the real uncertainty comes from the Fed"

"Trading partners will benefit. But the real uncertainty comes from the Fed"

Hii

Hii

"Will the U.S. economy experience inflation or deflation in the years ahead? That is the same key question economists were grappling with after the Lehman bankruptcy in 2009, when the U.S."

"Will the U.S. economy experience inflation or deflation in the years ahead? That is the same key question economists were grappling with after the Lehman bankruptcy in 2009, when the U.S."

"The incoming Biden administration is sorting its approach to the economy into two stages: rescue and recovery. This is the “rescue” part of the equation, meant to address the immediate crisis. The details on the recovery plank are still to _...Read More_

"The incoming Biden administration is sorting its approach to the economy into two stages: rescue and recovery. This is the “rescue” part of the equation, meant to address the immediate crisis. The details on the recovery plank are still to _...Read More_

"More stimulus under a narrowly Democrat-controlled government could help accelerate jobs recovery by as much as a year."

"More stimulus under a narrowly Democrat-controlled government could help accelerate jobs recovery by as much as a year."

"Does this mean that additional federal aid—like the $125 billion in the recent fiscal package—won’t increase state and local spending? No. First, much of the aid is targeted to the entities that are most under stress—K-12 schools, health, _...Read More_

"Does this mean that additional federal aid—like the $125 billion in the recent fiscal package—won’t increase state and local spending? No. First, much of the aid is targeted to the entities that are most under stress—K-12 schools, health, _...Read More_

"Critics of these incentives have long argued that corporate tax incentives are not the best way to usher in development or growth."

"Critics of these incentives have long argued that corporate tax incentives are not the best way to usher in development or growth."

“Stop Worrying About Budget Deficits - Fiscal Responsibility Doesn't Mean What It Used To. Red ink isn’t a problem as long as the country is spending on the right things.”

“Stop Worrying About Budget Deficits - Fiscal Responsibility Doesn't Mean What It Used To. Red ink isn’t a problem as long as the country is spending on the right things.”

Amazing article. >"The need for new fiscal initiatives stems from evaluation of two challenges: the weakened economy and the unsustainable long-term fiscal outlook."

Amazing article. >"The need for new fiscal initiatives stems from evaluation of two challenges: the weakened economy and the unsustainable long-term fiscal outlook."

Good post. I have up-voted it 👍

Good post. I have up-voted it 👍

This article focuses on a set of 100-year charts that have put together to show some historical context for how long-term debt cycles have been worked through in the past, as well as _...Read More_

This article focuses on a set of 100-year charts that have put together to show some historical context for how long-term debt cycles have been worked through in the past, as well as _...Read More_

[https://rosaluxnycblog.org/public-money-revolutionary-recovery/](https://rosaluxnycblog.org/public-money-revolutionary-recovery/) Important piece, a real and sustainable economic recovery from COVID-19 in the US must be grounded in Modern Monetary Theory (MMT) and public money.

[https://rosaluxnycblog.org/public-money-revolutionary-recovery/](https://rosaluxnycblog.org/public-money-revolutionary-recovery/) Important piece, a real and sustainable economic recovery from COVID-19 in the US must be grounded in Modern Monetary Theory (MMT) and public money.