Probably the most disoriented (and confusing) elements of endogenous cash is the basic concept of “funding”.

Probably the most disoriented (and confusing) elements of endogenous cash is the basic concept of “funding”. Endogenous cash is maybe maybe not really a theory that is new however it is maybe not well recognized also even today. Even many supposed endogenous cash theorists, just like the MMT people, misunderstand it and also as MMT […]

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