The debt hawks are to economics as the creationists are to biology. Those, who do not understand Monetary Sovereignty, do not understand economics. If you understand the following, simple statement, you are ahead of most economists, politicians and media writers in America: Our government, being Monetarily Sovereign, has the unlimited ability to create the dollars to pay its bills.
For you who have been clamoring to hear again Abby’s and my dulcet tones, or would simply like to hear some rarely heard, counter-intuitive facts about our economy, click this link to the Abby Romain interview (“Center:Uncensored Show” WNZF NewsRadio 106.3 FM/1550 AM).
Rodger Malcolm Mitchell
No nation can tax itself into prosperity, nor grow without money growth.