The Survival Constraint
Alex HowlettMoney & Banking / Perry Mehrling's Money View
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 14 | Subscribers | Read | survivalconstraint.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
1:1 The Money Market
When I first started Perry Mehrling's Economics of Money and Banking course (2012), I had no clue about the money market. What does it mean for there to be a market for money?
1:1 Money Is Global
This blog has been preparing us for Perry Mehrling's Economics of Money and Banking course (2012). Now it's time to dive in.
The System Is Fragile
We know that the survival of every economic entity depends on that entity having sufficient cash flows to meet its cash commitments.1 Also true is that any missed payment will cause an expected cash flow to go unrealized.
Money as Credit
In the previous post, we established that the liabilities of some entities serve as money for others.1 In the lecture clip, however, Perry Mehrling says something that doesn't quite map onto this conception of monetary hierarchy.
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