Recent content by Monetarist

The claim has been made: "Taxes "take" Money out of economies." Of course they do. And if we look at flows taxation and spending by all sectors we must accept the desirable possibility that a government could tax and spend just to the point where there is neither surplus nor a deficit that...

The claim is made "tax cuts cannot be blamed for a bad economy" What can be blamed? A lack of debt-paying power, buying power, hiring power - caused by contraction of money supply, or, more specifically, of shrinking of total loan-created checking deposits with which we pay debt, buy goods and...

While both men hold debt obligations sacrosanct, one would redistribute wealth and income and each would distribute debt burden differently. Obama would place it on the household and productive sector and use politics to allocate cuts in government benefits, while Romney would draw it from the...