The Traderszone Network

Published in TZ Latest News 29 August, 2017 by The TZ Newswire Staff

Modern Monetary Theory – How the US Government really pays for things

Has anyone heard of this? It is actually a description of how the US fiat monetary system works. I believe there are a lot of misconceptions out there, and they are reinforced by the media, politicians, and economists.

From my blog:

http://fiatcollapse.blogspot.com/2010/12/modern-monetary-theory-or-how-us.html

Basically, these are the facts:

China does not fund the US deficit.

read more