CyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 26 days agoModern Monetary Theorylemmy.worldexternal-linkmessage-square45fedilinkarrow-up1207arrow-down112
arrow-up1195arrow-down1external-linkModern Monetary Theorylemmy.worldCyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 26 days agomessage-square45fedilink
minus-squareoakey66@lemmy.worldlinkfedilinkEnglisharrow-up17arrow-down1·26 days agoHave yet to hear a credible reason mmt is bullshit.
minus-squareHeyThisIsntTheYMCA@lemmy.worldlinkfedilinkEnglisharrow-up7·25 days agoThe most accurate macroeconomic model is only 55% accurate.
minus-squaremindlesscrollyparrot@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down4·25 days agoIt relies on the idea that, since the government can ‘print money’ to pay the interest on debts, it can borrow freely. What do you expect the lenders to do in response?
Have yet to hear a credible reason mmt is bullshit.
The most accurate macroeconomic model is only 55% accurate.
It relies on the idea that, since the government can ‘print money’ to pay the interest on debts, it can borrow freely. What do you expect the lenders to do in response?