CLIP: We hear a lot about the national debt.
But do currency-issuing governments really ‘borrow' their own currencies?
The answer might surprise you.
Watch FINDING THE MONEY documentary, In Theaters and On Demand TOMORROW May 3: FindingMoneyFilm.com
But do currency-issuing governments really ‘borrow' their own currencies?
The answer might surprise you.
Watch FINDING THE MONEY documentary, In Theaters and On Demand TOMORROW May 3: FindingMoneyFilm.com
Watch the trailer:
Also featuring @wbmosler, @FadhelKaboub, @mattybram, @profyuille, @Raulacarrillo, @iamdelmancoates, Randall Wray, and many more!
Also featuring @wbmosler, @FadhelKaboub, @mattybram, @profyuille, @Raulacarrillo, @iamdelmancoates, Randall Wray, and many more!
‘Since the fed govt is the issuer of the US dollar, why does it borrow dollars?”
All credit to Bernstein for honestly grappling with this question which mainstream econ textbooks skip over.
Including 'what is the dollar and where does it come from?'
All credit to Bernstein for honestly grappling with this question which mainstream econ textbooks skip over.
Including 'what is the dollar and where does it come from?'
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