Public deficits = net private savings

For some odd reason, these Chartalists do like to remain mysterious, so when Robert Murphy (an Austrian economist) was examining their ideas, he did not even realize he was critiquing their theory (or at least he didn’t call them out by name).

Here are some Austrian critiques of the Chartalist theories, which razerfish was requesting on another thread:

Mises.org: Aren’t Deficits Another Name for Saving? Nope.

Mises.org: HuffPo Abolishes Scarcity