3 ms·
MMT is more about the fact that money isn't some alien artifact but is created by a government that needs to credibly demonstrate that the money it issued is ne
by imtringued 3y ago
MMT is more about the fact that money isn't some alien artifact but is created by a government that needs to credibly demonstrate that the money it issued is needed for tax payments.
If that credibility is lost, for example, by creating more money than it intends to tax, then you will see inflation.