dear we can all post 10,000 links. Do you understand?? If you can't defend liberalism
why not think about why you are a liberal? Do you know that feelings are not enough?
Stupid people had a feeling that Hitler was right? You must learn to think on your own.
Can you grasp Modern Money Theory?
"There is an alternative view propounded by economists following what has been called 'Modern Money Theory', which emphasizes the difference between a currency-issuing sovereign government and currency users (households, firms, and nonsovereign governments) (See
here and
here).
"They insist that the notion of 'fiscal sustainability' or 'solvency' is not applicable to a sovereign government — which cannot be forced into involuntary default on debts denominated in its own currency."
Deficits Do Matter But Not the Way You Think Roosevelt Institute
dear, if think deficits don't matter please say why or admit with your cut and pastes that you lack the IQ to support what you say.
"...the notion of 'fiscal sustainability' or 'solvency' is not applicable to a sovereign government — which cannot be forced into involuntary default on debts denominated in its own currency.
"Such a government spends by crediting bank accounts or issuing paper currency. It can never run out of the 'keystrokes' it uses to credit bank accounts, and so long as it can find paper and ink, it can issue paper currency.
"These, we believe, are simple statements that should be completely noncontroversial.
"And this is not a policy proposal — it is an accurate description of the spending process used by all currency-issuing sovereign governments."
Deficits Do Matter But Not the Way You Think Roosevelt Institute