Seems to be good politics I suppose. The thing about MMT, is that it’s not about racking up gigantic debts per se, their thesis is that deficits and debt don’t

Seems to be good politics I suppose. The thing about MMT, is that it’s not about racking up gigantic debts per se, their thesis is that deficits and debt don’t matter in an absolute sense, but in relation to other monetary factors. Eg. once inflation picks up, then it becomes necessary to cut budget deficits.