CyberTailor to Lefty [email protected]English • 4 days agoModern Monetary Theoryimagemessage-square44arrow-up1203arrow-down111
arrow-up1192arrow-down1imageModern Monetary TheoryCyberTailor to Lefty [email protected]English • 4 days agomessage-square44
minus-square@HeyThisIsntTheYMCAlinkEnglish7•3 days agoThe most accurate macroeconomic model is only 55% accurate.
minus-square@[email protected]linkfedilinkEnglish-2•3 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?