Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #90324 is a reply to message #90323] Mon, 13 May 2019 10:28 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1188
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
If this is any help Kingfish, or any other interested person. Here's a visual put together that is pretty nice to get a nuts and bolts idea of operation MMT theory espouses. Take a look & scratch your head. I did, then it made sense. If it's any solace to what one's political orientation is. The MMT economists make a point to explain their economic study as more of a "lens" focusing more on how a sovereign issuer of a currency actually works in any existing economy, rather than how they feel it should be looked upon. What ever is made of it politically, is in the eye, or the political PAC's of the beholder.
https://www.youtube.com/watch?v=bTZGU9s0idM
 
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