Government deficits, by definition, create private sector wealth, while surpluses drain it.

Anyone saying MMT = "print money," even if they (correctly) incorporate an inflation constraint, is getting MMT dead wrong.

First of all here is a totally general statement about the capacity of a currency-issuing government that applies to any nation and is a...

The Money Story 1. The state desires to provision itself. 2. The state imposes tax liabilities payable in its currency as the tax credit...