I have been under some personal time pressure over the last few days because of extended family health issues. One of the things I have not done as a result is work on a the questions for a written Q& A on modern monetary theory with Warren Mosler, one of the founders of that economic school, which he has offered to do.
Then it occurred to me that I might as well open out the question setting process in advance. My aim for this is threefold:
a) To provide short answers to the theoretical basics - so short questions would also help;
b) To deal with the obvious issues that are raised in response to these basics;
c) To deal with the crass comments (from Venezuela / Zimbabwe / Weimar) onwards.
So fire away please. As many as you like. I will edit them though, and hope you will understand.