4 ms·

> MMT folks Does this still have purchase? I thought following post-Covid inflation, the MMT folks took a backseat (in politics).

• derektank 7mo ago
  “Stephanie Kelton: Have you considered the possibility that raising rates might move inflation higher? Jason Furman: No” Covid really exposed who did and did not understand what they were doing.
  • deleted 7mo ago
    [deleted]
  • JumpCrisscross 7mo ago
    > Covid really exposed who did and did not understand what they were doing Who, in your reading, is the dummy in that exchange? (And what does it have to do with MMT following post-Covid inflation.)
    • derektank 6mo ago
      Kelton is a leading proponent of MMT and while I wouldn’t call her a dummy, she and other MMT proponents work themselves into pretzels trying to pretend inflation isn’t a serious problem that needs to be addressed by policymakers.