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bilbo.economicoutlook.net – Bill Mitchell – billy blog | Modern Monetary Theory … macroeconomic reality

The US government can buy as much of its own debt as it chooses 27 Aug 2013 | 01:40 pm

The hoopla over the US government voluntarily imposed debt ceiling is about to begin again with the US Treasury Secretary predicting that the government will run out of money in mid-October. He must h...

Fiscal deficits in Europe help to support growth 26 Aug 2013 | 12:43 pm

I read this article yesterday (published August 12, 2013) – The euro area needs a German miracle – among a group of articles that are concluding that things are on the improve in Europe. I expect a wa...

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