Re: Mosler: seminar

[Mathew Forstater <forstate@xxxxxxxx>]

Bill - Who is asking these questions below? I got confused with who is
speaking?  And to whom are they being addressed?  (I have responses but am
not sure if it is my response that is being sought.) -Mat


On Fri, 5 Jun 1998, bill mitchell wrote:

<snip>

> And a question:
>
> The Govt requires neither taxation nor bond sales to spend as much as it
> likes.
>
> So what is the role of taxation if it is not to "finance" spending?
> So what is the role of bond issues if they are not to "finance" spending?
>
> Those who are locked into the old public finance mould have to address
> these questions.
>
> kind regards
> bill
>          ####    ##        William F. Mitchell
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