3 ms·
this is one of the most harmful ways of thinking to come out of the post-2016 era. monetizing the debt is an effective default in the eyes of the market, never
by whimsicalism 1y ago
this is one of the most harmful ways of thinking to come out of the post-2016 era.
monetizing the debt is an effective default in the eyes of the market, nevermind economically disastrous. MMT idiocy caused major problems for the Biden admin and likely contributed significantly to Trumps reelection.