ubi_now

4 ms·

1. 1.▲
   by ubi_now 8y ago

   > This is why governments must intervene with laws such as GDPR or even much stronger ones in the future to protect people's privacy, because the companies themselves have no incentive to "self-regulate" other than a negli
2. 2.▲
   by ubi_now 8y ago

   You don't need government programs to do that.
3. 3.▲
   by ubi_now 9y ago

   No, this is way off. MMT doesn't model fiscal policy as unconstrained in real terms, only nominal terms. And given the legal authority, of course a sovereign issuer is always able to spend. In this case spending is merely typing digits