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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Wednesday, December 10, 2014
Miles Kimball — Why Scott Fullwiler Misses the Point in "Why Negative Nominal Interest Rates Miss the Point"
I think Scott's point is that it functions as a tax and thus doesn't help. . Kimball is blind to this..
ReplyDeleteFor some reason he thinks I wrote Scott's article.
ReplyDeleteP, he says he came from an apolitical household but my hunch would be that it was highly libertarian though. .. rsp
ReplyDeletePosted comment on his blog about why he thinks payroll tax cuts mean tax increases later on. He rejected the comment as moderator.
ReplyDeleteWhat gives?
Charles,
ReplyDeleteHe doesnt see the relevancy of your question....
to him, govt gets the "money" from the taxpayers, ( ie he has it backwards... )
this is textbook libertarianism 101...
rsp,