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Beiträge, die mit usfed getaggt sind
Bank of England
The "govt creates new money... when it undertakes expenditure, rather than spending being financed by taxation from, or debt issuance to, the private sector".
https://www.ucl.ac.uk/bartlett/public-purpose/publications/2022/may/self-financing-state-institutional-analysis
#mmt #usfed .
The "govt creates new money... when it undertakes expenditure, rather than spending being financed by taxation from, or debt issuance to, the private sector".
https://www.ucl.ac.uk/bartlett/public-purpose/publications/2022/may/self-financing-state-institutional-analysis
#mmt #usfed .
The self-financing state: An institutional analysis
This paper is an institutional analysis of government expenditure, revenue collection and debt issuance operations in the United Kingdom.UCL Institute for Innovation and Public Purpose