For me [grasping currency operations] was like the five stages of grief.
Denial: MMT is crazy and wrong.
Anger: MMT is just a plot to push (insert political agenda).
Bargaining: OK, they make some good points but they overlook interest rates or China or (insert doomsday scenario).
Depression: MMT has it right and there's no hope of changing the policymakers who are torturing the economy for kicks.
Acceptance: Talk about MMT as the operational reality it is and get used to people thinking I'm crazy.
Great summary of the 5 stages of currency operations, geerussell!
You really should start Deficit Terrorists Anonymous (DTsA), and make your 5 points the association prayer.
ps: How about also seeking the courage to reject faux or more Credentials? :)