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"Monetary policy" is the term used by fiat economists to describe their policy, which inevitably boils down to debt expansion towards infinity. Bitcoin is an e
by sparkie 6y ago
"Monetary policy" is the term used by fiat economists to describe their policy, which inevitably boils down to debt expansion towards infinity.
Bitcoin is an experiment at providing an alternative to infinite debt expansion, by defining a finite quantity of the asset which can ever exist.
The idea behind MMT is that you can kick the can down the road forever and the road will never end. Whose ideas are ridiculous, you say?