2 ms·
MMT doesn't say you can't have hyperinflation due to economic mismanagement, it just says you can bootstrap yourself out of unemployment (a crisis) by printing
by js8 6y ago
MMT doesn't say you can't have hyperinflation due to economic mismanagement, it just says you can bootstrap yourself out of unemployment (a crisis) by printing money.
Just because a government is printing money it doesn't yet mean they practice a sane economic policy, which would be to increase the demand to meet the supply of labor.