The value of those dollars, their “spending power” is in question if the perception is that the…

…leverage to set interest rates above the natural rate of zero and to provide a floor for investors. The ability of the government to make good on the debt in dollars is never in question, as it can produce any amount of dollars it wishes.
This is only true when some finite limit is placed on the available dollars in the economy such as…
4
Keith Evans
John Griswold
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1 min read·
Apr 15, 2019
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The value of those dollars, their “spending power” is in question if the perception is that the government is “just printing money” to meet its obligations or spending desires. Has MMT repealed the “law of supply and demand”?
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Written by John Griswold24K Followers
·731 Following
Master carpenter, watercolor artist and beat up old jock…owned by Black Lab Bo who considers two tennis balls a minimum mouthful
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