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Probably worth some context... the author very often writes about plan B Scottish independence, which calls for swift escalation of the independence process, in
by dubeye 6y ago
Probably worth some context... the author very often writes about plan B Scottish independence, which calls for swift escalation of the independence process, including the economics. For example establishing a new currency in months, rather than the years more established economists advise might be less risky.
MMT is pretty popular with plan B movement, as it offers a speedy solution to things like deficit, austerity measures. Inflation is the main restricting factor on money printing, so those who want to rush into independence are always quick to downplay inflation risks.