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Yeah, having a quick read of the article, nothing in this has anything to do with MMT, apart from the fact that MMT is a theoretical framework of how economies
by stephen_g 4y ago
Yeah, having a quick read of the article, nothing in this has anything to do with MMT, apart from the fact that MMT is a theoretical framework of how economies work (including in the models both a banking system, and the interactions between Government, domestic and international sectors, that all actually follows accounting rules) that can help understand why what happened was bad...