…exporting is a net cost, importing is a net benefit. For more on this see: Introductory video: https://www.youtube.com/watch?v=i35uBVeNp6c Book that describes everything in detail: http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
…any impact on aggregate demand, but fiscal policy would be much easier to implement. Video on how this works: https://www.youtube.com/watch?v=i35uBVeNp6c Book on how this works: http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
Indeed! And once you're through with that check out Modern Money Theory by Randall Wray which puts the whole shitfight into a solid economical context!
…it sounds too conservative to be progressive and too progressive to be conservative (and yet contains the most complete description of how currency works out of any of them!) [1] http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov... [2] https://www.youtube.com/watch?v=0zEbo8PIPSc
Fiat money is government money. I recommend anyone interested in understanding fiat money to read about Modern Money Theory (for instance here: http://neweconomicperspectives.org/modern-monetary-theory-pr...). It changed my perspective for sure.
……央行可以通过让创造新货币的成本变便宜或变昂贵来对此施加影响。http://www.economonitor.com/lrwray/2013/08/15/banks-dont-len... 对这些问题感兴趣的人，我推荐阅读 Modern Money Theory（ http://neweconomicperspectives.org/modern-monetary-theory-pr... ）。
…Central banks can influence this by making the creation of new money cheaper or expensive. http://www.economonitor.com/lrwray/2013/08/15/banks-dont-len... To anyone interested in these issues, I recommend Modern Money Theory ( http://neweconomicperspectives.org/modern-monetary-theory-pr... ).
……出口是净成本，进口才是净收益。关于这一点的更多内容可以看：入门视频：https://www.youtube.com/watch?v=i35uBVeNp6c 详尽阐述这一切的书籍：http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
…exporting is a net cost, importing is a net benefit. For more on this see: Introductory video: https://www.youtube.com/watch?v=i35uBVeNp6c Book that describes everything in detail: http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
……对总需求的任何影响，但财政政策会容易实施得多。关于其运作方式的视频：https://www.youtube.com/watch?v=i35uBVeNp6c 关于其运作原理的书：http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
…any impact on aggregate demand, but fiscal policy would be much easier to implement. Video on how this works: https://www.youtube.com/watch?v=i35uBVeNp6c Book on how this works: http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov...
确实！等你读完那个，再去看看 Randall Wray 写的《Modern Money Theory》，它把整场混战撕逼放到坚实的经济学语境中去剖析！
Indeed! And once you're through with that check out Modern Money Theory by Randall Wray which puts the whole shitfight into a solid economical context!
……它听起来既太保守而不像进步派，又太激进而算不上保守派（然而它对货币如何运作的描述，比其中任何一个都要完整！）[1] http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov... [2] https://www.youtube.com/watch?v=0zEbo8PIPSc
…it sounds too conservative to be progressive and too progressive to be conservative (and yet contains the most complete description of how currency works out of any of them!) [1] http://www.amazon.com/Modern-Money-Theory-Macroeconomics-Sov... [2] https://www.youtube.com/watch?v=0zEbo8PIPSc
法币就是政府货币。我建议任何想搞懂法币的人去读一读现代货币理论（Modern Money Theory，比如这里：http://neweconomicperspectives.org/modern-monetary-theory-pr...）。它绝对刷新了我的认知。
Fiat money is government money. I recommend anyone interested in understanding fiat money to read about Modern Money Theory (for instance here: http://neweconomicperspectives.org/modern-monetary-theory-pr...). It changed my perspective for sure.
……央行可以通过让创造新货币的成本变便宜或变昂贵来对此施加影响。http://www.economonitor.com/lrwray/2013/08/15/banks-dont-len... 对这些问题感兴趣的人，我推荐阅读 Modern Money Theory（ http://neweconomicperspectives.org/modern-monetary-theory-pr... ）。
…Central banks can influence this by making the creation of new money cheaper or expensive. http://www.economonitor.com/lrwray/2013/08/15/banks-dont-len... To anyone interested in these issues, I recommend Modern Money Theory ( http://neweconomicperspectives.org/modern-monetary-theory-pr... ).