Update on "An MMT Thought Experiment: The Arithmetic and Political Mechanics of Net Financial Assets"

Commenter geerussell alerts us that the conversation on Steve Roth's post has some interesting comments, mostly by JKH. These are a must-read, IMHO, or better, must-study.

Read it at Asymptosis
An MMT Thought Experiment: The Arithmetic and Political Mechanics of Net Financial Assets

by Steve Roth