Category Archives: Payment system

Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin

Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.

Bill Black: Modern Monetary Theory Is On the March (#MMT)

A recent Wall Street Journal article that tried debunking MMT effectively supported it.

On Modern Monetary Theory (#MMT)

Mainstream economists are finally deigning to notice MMT.

On the Built-In Instability of Cryptocurrencies

Why volatility of cryptocurrencies is a feature, not a bug.

Cryptocurrency Firms Regularly Lose Codes and Money

Cryptocurrency is more vulnerable to theft and loss than most of its fans want to believe.

Michael Hudson: Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Trump’s neocon extremists are burning the US dollar house down.

MMT’s Opening

Another go at clearing up press and pundit misrepresentations of MMT.

The Economics of Cryptocurrency Pump and Dump Schemes

Quelle surprise! Scammers have cooked up trading schemes to defraud upstanding cryptocurrency users.

War on Cash: State and City Governments Push Back

State and local governments are pushing back against cashless businesses, which exclude those who prefer to use or must pay with cash.

The Reality Is Everything Must Change

Why we need the biggest change program in history and must deploy state-created money to mobilize resources.

U.S. Treasury Sanctions Bitcoin Wallets For First Time

The long arm of US law reaches into bitcoin wallets.

You May Not Actually Own Your Bitcoin: Legal Expert

Yet another reason to be leery of Bitcoin and other cryptocurrencies.

How Trump’s Game of Chicken With Iran Could Weaken the Dollar’s Role as the World’s Currency

Politicizing the SWIFT payments system is leading other nations to the search for alternatives to the dollar.

J.D. Alt: Treasury Bonds Are Future Dollars

Clearing up fundamental misconceptions about US Treasury bond issuance.