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  • Overview
  • What is ...
    • Division of Labor
    • The Economy
    • Recession/Depression
    • The Target Inflation Rate
    • Reserve Currency
    • The Federal Reserve
    • Treasury General Account
    • The Federal Deficit
    • The National Debt
    • Linear & nonlinear income
  • Target Inflation Rate
    • What causes Inflation?
    • Why target a rate?
    • How is inflation lowered?
  • The Federal Deficit
    • Inflation with $0 deficit
    • Inflation if $5T deficit
    • Debt with $0 deficit
    • Debt with $5T deficit
  • Recession/Depression
    • What causes recession?
    • What prevents recession?
  • FAQ
    • How did Hamilton do it?
    • Money Supply & Inflation
    • How to control inflation?
    • One true inflation rate?
    • Are taxes inevitable?
    • Reduce the national debt?
    • Why a national debt?
    • Loans vs the TGA?
    • Why SS contributions?
    • The Money Lifecyle
    • Economy through the Arts?
    • What is Boom/Bust?
    • About supply & demand?
    • How Fiscal Policy Works
    • What is bitcoin?
  • Diagrams
    • FIAT, Commodity, & Barter
    • Income Rise => Price Rise
    • Scribble the Economy
    • The TGA Balance
  • References
    • TGA funds the government
    • New money runs an economy
    • Prices rise with spending
    • ... but not gov spending
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