An MMT site bringing you dogma-free economics without the pleadings of self interest
Thank goodness for fiat funny money to fund the war. Otherwise, the government would be "constrained" and that would be such a catastrophe.
bob, dont blame the currency, blame the evil government that wages the war. read smedley butlers "war is a racket" you dont suppose our government could find something more constructive to do with our fiat currency? how about single payer?
@ BobRight. Everything has its advantages and disadvantages. Ironically, the first person of note that Warren Mosler explained MMT to was not other than Donald Rumsfeld. Rumsfeld sent him to Art Laffer/ While at Laffer's shop, Warren wrote up "Soft Currency Economics." So we know that some people get it.
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