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comment by cgod
cgod  ·  2042 days ago  ·  link  ·    ·  parent  ·  post: Modern Monetary Theory in Revolutionary France

I guess I'm going to have to find a decent explanation of MMT because I solidly don't get it. Everything I've read has been sketchy on how it works and the people I've talked to who are all for it don't seem to understand what they are talking about.

My impression was that it sounded like a recipe for runaway inflation.

The fervor, coupled with the vagueness of the people who've told me it's really worth looking into made me think it's the next goofy return to the good standard bullshit that undergrads interupt their professors with.





kleinbl00  ·  2042 days ago  ·  link  ·