Making Money Work for Us: How Mmt Can Save America Wray L. Randall
Making Money Work for Us: How Mmt Can Save America Wray L. Randall Is money precious and scarce, necessitating iron fiscal discipline? Or is money, in fact, a flexible tool that can be used to…
Specifikacia Making Money Work for Us: How Mmt Can Save America Wray L. Randall
Making Money Work for Us: How Mmt Can Save America Wray L. Randall
Is money precious and scarce, necessitating iron fiscal discipline? Or is money, in fact, a flexible tool that can be used to mobilize our collective resources to serve those who need them?In this book, leading Modern Money Theory (MMT) advocate Randy Wray explains that the only real constraints on public policy are physical resources, technological capacity and political will: but never money. Must the government always balance the books or risk ruin?
While taxes serve other important purposes, they do not - contrary to popular belief - fund spending. He shows how modern sovereign governments spend by keystroking money to bank accounts. If we recognize this, and totally reframe how we think about money and debt, we can marshal our national wealth to make us all richer, eliminate unemployment and "look after our own." We can make money work for us - the US.This book's
Why Only Art Can Save Us