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.
His basic argument seems to be that monetary policy leaves the mix of public and private spending the same, which struck me as an odd and not very persuasive argument. I left a comment there questioning his argument.
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His basic argument seems to be that monetary policy leaves the mix of public and private spending the same, which struck me as an odd and not very persuasive argument. I left a comment there questioning his argument.
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