Interfluidity claims that monetarism shares more with MMT than we all think.
[SRW] "I think MMTers, market monetarists, and Keynesians have almost everything in common other than tribe and affiliation."
He then goes on to recommend a pro-cyclical inflation indexed government savings account. Crazy.
When seeing these hare-brained schemes, I always wonder just what problem SRW is trying to solve. There must be some policy reason I'm not seeing for complicated, rube-goldberg, counter-productive ideas.Read it at Winterspeak.com
MMT is not Monetarism