An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
GEEAND IF WE GROW AT 9%, THEN PAYING OFF THE "DEBT" IS NOT IMPOSSIBLE
The problem lies in the fact that it's hard to convince the masses of the benefits of gov't spending/stimulus.Each time this is done the public goes into hysteria as though this is some Commie style strategy on the road to the Weimar Republic.As a result politicians submit to the will of the masses and end up slashing further stimulus and spending measures.
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