4 ms·
Nah just look at Sri Lanka. Another exhibit of MMT and how it destroys economies.
by nemo44x 4y ago
Nah just look at Sri Lanka. Another exhibit of MMT and how it destroys economies.
- epistasis 4y agoHow does Sri Lanka correspond to MMT more than what the proponents of MMT say? Can you be a bit more specific? Edit: for example, Sri Lanka's outcomes are exactly what have been predicted by MMTers, and Sri Lanka took exactly the opposite of what MMTers have been recommending forever: https://twitter.com/fadhelkaboub/status/1516630826896744451?s=21&t=hI5LXwn36XAFNch5G5_LYw https://twitter.com/fadhelkaboub/status/1516630826896744451?... I don't know what it is about MMT but it always seems like people are intentionally not listening to what people say, and then inserting other words in their mouth. Marxists like Henwood are particularly prone to doing that, for example. Critiques of MMT seem to be based on intentional misunderstanding and misrepresentation.