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We've already started MMT since 2008. The scary thing: it's been working well.
by dnprock 8y ago
We've already started MMT since 2008. The scary thing: it's been working well.
- chombier 8y agoMMT without job guarantee is not quite MMT.
- dnprock 8y agoAs far as I understand, MMT wants to optimize for full employment. Job guarantee is a possible implementation. We're at 4% unemployment rate. You can say we have full employment per the current standard.
- ThirdFoundation 8y agoDo you mean in terms of spending?