2 ms·
Based on the names that you supplied, I'm guessing that you assume that MMT is a left-wing idea. I think the bigger reason to pay attention to it is because it
by kaycebasques 8y ago
Based on the names that you supplied, I'm guessing that you assume that MMT is a left-wing idea. I think the bigger reason to pay attention to it is because it has support on both sides of the American political spectrum. Read The Macro Tourist's post [1] for a pragmatic trader's take on the matter. He also suggests that Trump is already an implicit proponent of MMT, what with his increased spending and decreased tax revenue.
[1] https://www.themacrotourist.com/posts/2019/01/23/mmt/ https://www.themacrotourist.com/posts/2019/01/23/mmt/
- morningmoon 8y ago"implicit proponent" is an oxymoron.
- kaycebasques 8y agoI get what you mean based on the dictionary definitions of implicit and proponent. What I meant was that his actions are aligned with MMT theory, even though he probably doesn't explicitly subscribe to the theory.