The problem isnt creating money per se. Governments only create money in order to spend money - and that when the problems happen. Because the whole premise of MMT is that governments should only create as much money as is needed to hoover up spare capacity in the economy, as to do more creates...
The idea is that governments can essentially print money 'for free', but its fine as long as you dont do it too much, because thats inflationary.
So therefore its basically QE on steroids, rather than anything more revolutionary. Some of the wilder assertions are just that, assertions, with...
Isn't that the fellow who uses a lot of flowery language to say absolutely nothing? Basically an illiterates person's idea of what an eloquent person sounds like?
Criticising the Wolves CEO based on what he's done as CEO? All good, crack on.
Criticising the Wolves CEO based on his ethnicity? Fuck right off.
Its not difficult.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.