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.
And there is no govt plan to provision that large 'net liability cohort' with balances to be able to pay the P&I... eventually it just shuts down...rsp,
Well, the "government" plan is the one written for them by the 1%.It proposes that the 1% own the public currency supply, and then lease fiat to the serfs .. er, "citizens". :(
Private debt isn't important because that's how banks make money? And because economists must kow-tow to the banks?
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And there is no govt plan to provision that large 'net liability cohort' with balances to be able to pay the P&I... eventually it just shuts down...
rsp,
Well, the "government" plan is the one written for them by the 1%.
It proposes that the 1% own the public currency supply, and then lease fiat to the serfs .. er, "citizens". :(
Private debt isn't important because that's how banks make money? And because economists must kow-tow to the banks?
Post a Comment