3 ms·
MMT proponents will have a list of reasons why this will not happen with the USD (because it is a reserve currency etc) The arguments are unconvincing because
by VMG 6y ago
MMT proponents will have a list of reasons why this will not happen with the USD (because it is a reserve currency etc)
The arguments are unconvincing because the USD could lose that status.
- neilwilson 6y agoNothing to do with reserve status. Everything to do with a non-convertible floating rate currency. The same applies to the UK, Japan, Canada, Australia and the Eurozone among others.