Jun 29, 2021
Most of the complexities of orthodox macro-economics only serves to distract from what is really nothing more complicated than spreadsheet accounting that is used worldwide to track money. This is not by accident. It provides a great deal of support to the investment class from voters and laypersons who have no other frame of reference than their personal finances and budgets. Once the false equivalence is firmly established all that is left is to keep a steady flow of pejoratives (socialism) and fear (inflation/devaluation) associated with federal fiscal policy as it affects the public purpose.