Bill Mitchell — Limits To Regime Spending Are Non Determined Yesteryear Someone Bond Markets

The article had a motion painting of the latest progressive political star – Alexandria Ocasio-Cortez amongst the caption that she:

... backs the sentiment that restraints on a government’s spending are primarily ready past times the amount it tin borrow without fuelling inflation.

Progressive types hence idea it was useful to retweet this incessantly for a few days.
My reply – I sure promise that Alexandria Ocasio-Cortez does non dorsum that structure of the limits on spending for a currency-issuing government.

And I sure promise that progressives produce non comprehend it either.

Why?

It is fundamentally wrong together with simply reframes the mode neoliberals intend together with uses their kind of language....

Bill Mitchell – billy blog

Limits to regime spending are non determined past times mortal bond markets

Bill Mitchell | Professor inwards Economics together with Director of the Centre of Full Employment together with Equity (CofFEE), at University of Newcastle, NSW, Australia