I watched the Congressional debate which led to passage of the 1990 tax increase. Not a single Congressman mentioned inflation and not a single Congressman acted pro-agenda.


SOFT CURRENCY ECONOMICS

by Warren Mosler

 

Comments on the U.S. Budget Debate

Full Employment and Price Stability, an essay 

"A Critical Analysis of "Soft Currency Economics"
by Pavlina Tcherneva

"Mathematical Foundations for Mosler's Full Employment-Zero Inflation Model"
by Pavlina Tcherneva

 

 

The author would like to thank Arthur B. Laffer and Mark McNary for valuable literary assistance and research with this work. The author is solely responsible for its contents.

"All truth goes through three steps:
First, it is ridiculed
Second, it is violently opposed
Third, it is accepted as self-evident."

Arthur Schopenhauer  

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