An introduction to macroeconomics: For laypeople
Yes, it does get a bit technical, but it’s something anyone can understand when it’s explained with a minimum of technobabble. What is macroeconomics? Macroeconomics
Yes, it does get a bit technical, but it’s something anyone can understand when it’s explained with a minimum of technobabble. What is macroeconomics? Macroeconomics
Before we talk about the currency issuer vs currency users, let’s first think about where currency comes from in the first place. Important idea #2:
No, the currency issuer can not spend endlessly I’ll use the USA again in the examples below. The US federal government (the currency issuer of