Probably one of the most disoriented (and confusing) elements of endogenous cash is the basic concept of “funding”.

Probably one of the most disoriented (and confusing) elements of endogenous cash is the basic concept of “funding”. Endogenous cash is perhaps not just a new concept, however it is maybe not well grasped also even today. Even many supposed money that is endogenous, just like the MMT people, misunderstand it so that as MMT […]