Thursday, June 6, 2019

USA Today: Donald Trump, $22 trillion debt is no Laffer-ing matter


lol Trump Derangement Syndrome lefty USAToday unqualified journos on the loose...

Dialectic trained MMT people making no difference whatsoever... none... zero... zip.... nada.... and  never will...

...some left-wing Democrats lately have begun pitching their own voodoo economics known as "modern monetary theory." This holds that deficits don’t matter because currencies — particularly reserve currencies like the dollar — are monopolies, and therefore institutional investors will have no choice but to keep lending money to the governments that issue them.