Ellis Posted February 11, 2010 Share Posted February 11, 2010 ...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. http://www.cnbc.com/id/15840232?video=1410610592&play=1 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 : Link to comment Share on other sites More sharing options...
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