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.
Goes in-line with "inflation" being a product of government price setting too, similar to what Matt says all the time.Which makes sense considering that the government can set both price floors and can always bid more than non-govt sector (as it cannot run 'out of money!').Sure an economist willing to work on reality (and not 'models') may find out that a large part of price variance can be explained by government action.
What is Xerographica going on about?
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