Thursday, January 24, 2013

Dr. Kelton will be interviewed on Virtually Speaking, Thursday, February 7. I would like the MMT group from SL to consider the things I have talked about and to use the comment section here to post questions for her.

(Actually, anyone that has MMT questions is welcome to post too.)

When the actual URL of the Internet broadcast is available, I will post it here.

Thank you.

(Question #1: Is the Treasury required to balance deficit expenditures with bond revenue? Or does it do that just to drain excess reserves out of the banks? Asked in the light that bond revenue does not actually pay for anything.)

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