Note that my original quote talked about "Krugman would never admit to agreeing with them". You can not be a Chartalist and agree with a Chartalist position. Chartalism and endogenous money (in the post keynesian sense) have literally ancient origins. it would be stupid to say that they are all retroactively part of this modern school of thought (incidentally why i hate the term "Modern Monetary Theory"). -- -Nathan Tankus ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------