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Soft Currency Economics II

Author
Warren Mosler
Type
Book
Link
amazon.com
Cost
Paid
Published
1993
Updated
2013
Full Name
Soft Currency Economics II: The Origin of Modern Monetary Theory

Soft Currency Economics is the little book that could logically, in both real and nominal terms, legitimately challenge many of the core held beliefs of the mainstream classical and neoclassical schools of economics. It is a cornerstone publication for the new, widely popular fresh approach to economics that has come to be called Modern Monetary Theory. It explains with actual facts, not theory, and with non-technical language, the true operational realities of our monetary system.

The book describes:

  • what is money;;;;;;;;;;
  • why debt monetization and the money multiplier are myths;
  • how fiscal and monetary policy can be used effectuate full employment; and
  • deficits do not cause countries to default on their debt unless that is the decision.

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

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