Relevant: https://www.themoneyillusion.com/mmt-explained/ https://www.themoneyillusion.com/mmt-explained/ (This is a post by Scott Sumner, who is also quoted n

Relevant: https://www.themoneyillusion.com/mmt-explained/ https://www.themoneyillusion.com/mmt-explained/ (This is a post by Scott Sumner, who is also quoted near the beginning of this article. His earlier post is at https://www.themoneyillusion.com/wrong-in-a-very-confusing-way/ https://www.themoneyillusion.com/wrong-in-a-very-confusing-w... and is also worth reading for context.)