Mosler to Obama- be careful what you wish for!
March 24, 2009 at 08:59 AM EDT
[Skip to the end] The last thing we need to do is encourage policies that empower billions of foreign consumers to compete with us for scarce real resources and diminish our real terms of trade. But that’s what happens with an administration that does not understand the monetary system. Obama seeks ‘Sustained’ Fiscal Stimulus in G-20 Summit Appeal by [...]