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.
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Tuesday, July 23, 2013
Republicans attack food stamps, but dole out billions to wealthy farmers
"have the govt give people the money so they can buy food..."
ReplyDeleteMike,
I'm starting to think that this is the way our economy really operates period, under a state currency system such as ours here in the US...
outcomes for individuals depend on "who gets the money" first... the closer you are to first position, the better it goes for you financially...
growth depends on if the govt spends more YoY either on direct purchases or xfers... end of story....
"free market" morons need to get over this...
rsp,