Thursday, July 30, 2020

How the JG Controls Inflation NeilW


Good short summary of how the MMT JG is designed to work as a stabilizer.

New Wayland Blog
How the JG Controls Inflation
NeilW

1 comment:

Andrew Anderson said...

1) Price inflation sure beats price deflation since the latter rewards risk-free fiat hoarding.

2) So long as price inflation is produced ethically (e.g. via an equal Citizen's Dividend) and is not excessive then why should we care about controlling it?