Is Modern Monetary Theory (MMT) a Viable Economic System?

null

...
Joined
Nov 12, 2014
Messages
29,142
Reputation
4,876
Daps
46,342
Reppin
UK, DE, GY, DMV
I don't think that post is commenting on inflation, it's talking about the fact that the US has traditionally operating without "hard" limits on spending like the national debt because of financial sovereignty and hegemonic dominance.

" indefinitely without consequence "
 

Mook

We should all strive to be like Mr. Rogers.
Supporter
Joined
Apr 30, 2012
Messages
22,909
Reputation
2,420
Daps
58,520
Reppin
Raleigh
Progressives don't run shyt. So no, you won't hear anything about this. Unless some economic meltdown or stock market mega crash occurs.

This is a stupid ass theory that won't work anyways.
 

WIA20XX

Superstar
Joined
May 24, 2022
Messages
6,057
Reputation
2,867
Daps
19,210
Doesn't the US already practice the spending aspect of MMT? (but never the taxing aspect...)

Congress has been spending willy nilly for GENERATIONS.

Iraq/Afghanistan War - money just showed up
COVID Checks - Money just "manifested"

With Israel and Ukraine, it's not like Biden n'nem was checking back up accounts, looking in the couch cushions at the White House.
 

Pressure

#PanthersPosse
Supporter
Joined
Nov 19, 2016
Messages
45,430
Reputation
6,865
Daps
144,886
Reppin
CookoutGang
Doesn't the US already practice the spending aspect of MMT? (but never the taxing aspect...)

Congress has been spending willy nilly for GENERATIONS.

Iraq/Afghanistan War - money just showed up
COVID Checks - Money just "manifested"

With Israel and Ukraine, it's not like Biden n'nem was checking back up accounts, looking in the couch cushions at the White House.
That’s an incorrect reading on how these findings happen.

And even if it were true, cherry picking one part of a theory does not prove the entirety.
 

Eternal Tecate

Superstar
Joined
May 2, 2012
Messages
7,465
Reputation
3,372
Daps
20,233
Doesn't the US already practice the spending aspect of MMT? (but never the taxing aspect...)

Congress has been spending willy nilly for GENERATIONS.

Iraq/Afghanistan War - money just showed up
COVID Checks - Money just "manifested"

With Israel and Ukraine, it's not like Biden n'nem was checking back up accounts, looking in the couch cushions at the White House.

Yes
 

Eternal Tecate

Superstar
Joined
May 2, 2012
Messages
7,465
Reputation
3,372
Daps
20,233
That’s an incorrect reading on how these findings happen.

And even if it were true, cherry picking one part of a theory does not prove the entirety.

Nothing about this is a theory. It's a decision made by the government on how money works in its society.
 
Top