December 7 2020 | Modern Money Theory: Week5 | Back Next |
Medicare and Social Security Trust Funds
Budget scolds from Paul Ryan to Barack Obama
These trust funds are just government bank accounts
Treasury replenish them with computer keystrokes
If you don't believe me, would you believe Alan Greenspan?
Real question: Is U.S. economy capable of producing goods and services on which monetary demand can be spent?
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