4 ms·
> During our first talk, she never broke her cool when questioned about the inflationary moment and what it says about her theory. She laid out her response met
by ephbit 5y ago
> During our first talk, she never broke her cool when questioned about the inflationary moment and what it says about her theory. She laid out her response methodically. Times are weird, supply chains are constrained, decades of
corporate consolidation make it all worse. True M.M.T. policy would have thought about inflation in the first place, with tax increases or other stabilizers built in.
Right, M.M.T. totally works well, it's just the current special situation that it's not really ideally equipped for. But it's of course still the perfect theory to build upon.
/s