CyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 months agoModern Monetary Theorylemmy.worldimagemessage-square44fedilinkarrow-up1208arrow-down112
arrow-up1196arrow-down1imageModern Monetary Theorylemmy.worldCyberTailor@lemmy.world to Lefty Memes@lemmy.dbzer0.comEnglish · 2 months agomessage-square44fedilink
minus-squareoakey66@lemmy.worldlinkfedilinkEnglisharrow-up16arrow-down1·2 months agoHave yet to hear a credible reason mmt is bullshit.
minus-squareHeyThisIsntTheYMCA@lemmy.worldlinkfedilinkEnglisharrow-up7·2 months agoThe most accurate macroeconomic model is only 55% accurate.
minus-squaremindlesscrollyparrot@discuss.tchncs.delinkfedilinkEnglisharrow-up1arrow-down4·2 months 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?