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From the article: “MMT is not a theory of how the economy works, but rather a set of political memes to push for more deficit spending.” Put another way, MMT
by bitxbitxbitcoin 5y ago
From the article:
“MMT is not a theory of how the economy works, but rather a set of political memes to push for more deficit spending.”
Put another way, MMT is the fallback defense for why a “modern government” like the USA can make the money printer go brrrrr.
- jdgoesmarching 5y agoThat’s not an explanation, that’s a talking point that fell off the back of a libertarian uhaul truck.