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>Only to those that fixate on changing prices as though they should never happen and are a mortal sin. Inflation is a requirement of a healthy economy. How muc
by sleepingadmin 5y ago
>Only to those that fixate on changing prices as though they should never happen and are a mortal sin.
Inflation is a requirement of a healthy economy. How much is important to debate and should be politically an option to tinker with. Though I suspect many would be afraid to touch it. MMT politicians are more than welcome to jump into the seat if they garner enough support from democracy.
>When you start critiquing MMT, always best to understand the source material first, rather then getting your view from Twitter et al. They don't understand what MMT is saying either.
There's also a reason why MMT died a horrible death in the last several months. The Twitter critiques were right.
In fact I will go so far as to say they were MORE THAN right. The predictions they made that make MMT look bad were under predicted. MMT reality is so much worse.