3 ms·
MMT claims there are no limits. I do not claim so.. I believe there are side effects and a need for moderation. However, money is created out of thin air.
by vaidhy 3y ago
MMT claims there are no limits. I do not claim so.. I believe there are side effects and a need for moderation. However, money is created out of thin air.
- dragonwriter 3y ago> MMT claims there are no limits. No, it doesn’t. The central claim of MMT with regard to fiscal policy is that the only real constraints on government spending balance are those resulting from the monetary impacts of, e.g., the net creation/destruction of money. That is very different from “there are no limits”.