Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #91688 is a reply to message #91687] Mon, 13 April 2020 11:09 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1186
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
This article is just about the best dang one I've read about the whole dang thing. And a sobering precursor towards what all this money being bandied about now to bring back the economy. Which one? The one for the public, or the one for the F.I.R.E sector, (finance-banking, insurance & real estate) and wall st. The reason some MMT economists call their studies 'agnostic', is that it only takes two fingers, one for each party, to point at the political system in the U.S. as it is. To blame for the delusional, warped economy we live with. Remember the Three Stooges? Moe would ask them how many fingers, "two", they'd say. Boink! Right in the eyes. That's what we're getting.

https://michael-hudson.com/2020/04/the-use-and-abuse-of-mmt/
 
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