Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #94037 is a reply to message #94036] Thu, 15 July 2021 17:44 Go to previous messageGo to previous message
Wayne Parham is currently offline  Wayne Parham
Messages: 18786
Registered: January 2001
Illuminati (33rd Degree)

Agreed. There are expenses that are required, and those that benefit all. There are expenses that provide healthy benefits and/or returns. Then there are expenses that are just wasteful, greedy or slothful. I think it's important to separate the wheat from the chaff when determining what we spend our money on, or I suppose I should say what we take on as debt.

And I agree with you that the bad-actors are those with the deepest pockets. I agree with you on the idea that it's "corporate greed" doing the worst. But I think our government is a part of that equation, and that both sides of the aisle are equally responsible. They just each have a different set of loyalties, and different groups they're entangled with. I don't really like what I've seen for the past couple of decades, at least. It looks like it just keeps getting worse.
 
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