Posts Tagged ‘Fiscal Stimulus

The following is an interview with Paul Davidson on the Global Crisis and how to end it. (1 February 2009)

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By: Andrea Terzi

There are no ’scarce resources’ causing the financial crisis and the global recession! And yet, no self-correcting force is likely to operate soon. In a “money crisis”, only political authorities (who are the ultimate monopolists of money) can provide effective answers. And to be effective, these should be based on out-of-the-box thinking.

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3rd Mecpoc symposium

When: 20 April 2010

Where: Franklin Auditorium

  • John: Mr. Mosler - I understand and agree with your explanation of the U.S. monetary system. I also agree [...]
  • Zachary Levy: "And without a switch to a command type economy, it’s impossible to have complete full employment. [...]
  • warren mosler: The Russian default was a typical fixed exchange rate blowup. The ruble was fixed at 6.45 to the [...]
  • Robert Searle: I think when we are talking about banks, and money we are actually discussing ELECTRONIC DATA. T [...]
  • Jonathan Stanford: Was the foreign USD debt burden enough to bring Russia to insolvency during the 1998 crisis? Because [...]