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.
Agree, Peter. Terzi's post passes the Mosler test for clarity, brevity and pithy wisdom with flying colors.
I also like the narrative of MMT being the civilized solution. Using monetary policy to target inflation using labor as tool by creating a buffer of unemployed is barbaric.
2 comments:
Very good!
Clarifies the differences between the two views with great clarity. Glad I'm on the side of civilization. :)
Agree, Peter. Terzi's post passes the Mosler test for clarity, brevity and pithy wisdom with flying colors.
I also like the narrative of MMT being the civilized solution. Using monetary policy to target inflation using labor as tool by creating a buffer of unemployed is barbaric.
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