Tag Archive for Fiscal Policy

A Plague on All Your Budgets – New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. By Joe Firestone The Sector Financial Balances Model: Domestic Private Balance + Domestic Government Balance + Foreign Balance = 0 is an accounting identity that provides a focus for macroeconomic analysis, explanation, and prediction by economists applying…

Is It Really About “Dysfunctional” Partisanship? New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. The popular narrative in Washington, DC these days among the MSM pundits is that the Congress is “dysfunctional” in the sense that it is very difficult for it to pass a budget and rise above periodic “fiscal”…

Can the Federal Reserve Really Refuse To Accept and To Credit A Platinum Coin Deposited By the US Mint? New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Can the Federal Reserve Really Refuse To Accept and To Credit A Platinum Coin Deposited By the US Mint? By Joe Firestone The issue of whether the Fed can really refuse to accept and credit a deposit…

Good Luck Stopping Austerity With Incremental Platinum Coin Seigniorage! New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Good Luck Stopping Austerity With Incremental Platinum Coin Seigniorage! By Joe Firestone Some have responded to the recent boomlet for using Platinum Coin Seigniorage (PCS) as a solution to the debt ceiling problem, by reacting to the ridicule…

The Great Austerity Swindle! New Economic Perspectives

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. By Joe Firestone Our Congresspeople, corporate CEOs, tea partiers, most economists, Pete Peterson’s minions, and even our President, tell us that we’re running out of money; and that if we can’t keep running huge deficits, and increasing…