Happy indeed is the government that understands well its own currency...
"[...] The monetary system is best seen as a public utility that is employed by its users to finance the production and exchange of goods and services... [...] Our real opportunities for economic progress are grounded in our ability to apply work, cooperative activity and creative ingenuity to the real resources we already possess. [...] Our real limits, then, are the constraints imposed by our inherently finite nature: we only have so many resources; we can only work so hard; our cognitive capacities are only so great; we only live so long, etc." Dan Kervick,
Paying for Lunch -- MMT Style
By Dan Kervick, Dec, 6, 2012http://neweconomicperspecti...
Who's Going to Pay for All That?http://youtu.be/Ppqh7TczLtg
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Modern Monetary Theory
Extracts From the Movie,
Our Daily Bread (1934)
Directed by King Vidor
Photography, Robert Planck
Musical score, Alfred Newman
With Mary Sims, John Sims...http://www.imdb.com/title/t...