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Unless the government burns or locks away the money it taxes - in which case all effects of MMT are muted - it is going to just lead to inflation from governmen
by CryptoPunk 5y ago
Unless the government burns or locks away the money it taxes - in which case all effects of MMT are muted - it is going to just lead to inflation from government expenditures. There is no way to escape the price impact of increasing the money supply, as prices are always set by supply and demand.