Is Modern Monetary Theory (MMT) a Viable Economic System?
- Thread starter Secure Da Bag
- Start date
King Kreole
natural blondie like goku
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.
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" indefinitely without consequence "
Secure Da Bag
Veteran
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.
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.
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
Yes
Eternal Tecate
Superstar
Nothing about this is a theory. It's a decision made by the government on how money works in its society.
I’ll save myself the headache.
