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I'm not super familiar with MMT. What is the rationale MMT provides for why increasing the supply of money available to the elderly would not lead to inflation
by spicyusername 4y ago
I'm not super familiar with MMT.
What is the rationale MMT provides for why increasing the supply of money available to the elderly would not lead to inflation on all the goods that the elderly purchase with that money?
- bubbleRefuge 4y agoinflation should be a limiting factor instead funding being a limiting factor as it is today. So the focus should be on providing enough production ( ie supply ) in the economy to meet demand. Not necessarily worrying about balances in federal accounts which is the current narrative.