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CNBC: Warren Mosler Explains Fed Reserve & Treasury...


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...but sadly, people are still using the terminology of the Gold Standard. Thus, a true understanding of how the Fed Reserve Bank and the U.S. Treasury really work gets lost in the shuffle of political rhetoric.


Deficits are NOT BAD... they're simply misunderstood.


Learn more about Warren Mosler here : http://moslereconomics.com/

I've been following this guy for a few years.


Warren Mosler addresses Tea Party, 2009

Part I :

Part II :

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