Eden DingAll Money is Based on DebtThe money supply must keep pace with real economic growth to avoid deflation.Jun 23Jun 23
Eden DingHow the MEFO Bill WorkedStandard economic thinking holds that governments can only raise money through two means. These are to raise taxes or to borrow money. For…Jun 1Jun 1
Eden DingWhy a Recession Will Happen in 2024Economists expended much anxiety over a recession in 2023. Yet the recession has not happened. GDP growth is strong, inflation hovers at…Mar 16Mar 16
Eden DingWhy Yield Curve Inversions Predict RecessionsThe yield curve is touted as an important recession indicator. When long-term rates fall below short-term rates, the yield curve is…Mar 16Mar 16
Eden DingThe Modern Economy Requires Helicopter MoneyIn this article, I argue for a policy of free money creation. This involves the creation of durable money without backing assets, or what…Feb 3Feb 3
Eden DingMoney Circuit Theory of Capitalism (Part 9 — Innovations and Conclusion)In the previous articles in this series, I proposed analysing the economy based on a simple model of money circulation. This culminated…Jan 27Jan 27
Eden DingMoney Circuit Theory of Capitalism (Part 8 — International Trade)In the previous articles in this series, I proposed analysing the economy based on a simple model of money circulation. This culminated…Jan 27Jan 27
Eden DingMoney Circuit Theory of Capitalism (Part 7 — Financial Crisis and The Deferral of the Bust)In the previous articles in this series, I proposed analysing the economy based on a simple model of money circulation. This culminated…Jan 21Jan 21
Eden DingMoney Circuit Theory of Capitalism (Part 6 — The Role of Government Spending)In the previous articles in this series, I proposed analysing the economy based on a simple model of money circulation. This culminated…Jan 20Jan 20