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.
Brian Romanchuk — NGDP Futures Convertibility -- Unworkable?
Wonkish and only interesting if you are aware of the proposals and controversy. But if you are, it's a must-read. Sumner and Woolsey are economists and don’t have a good trip on finance and how it works, as Mike Sankowski has pointed out previously. Brian follows up on the latest proposal.
1 comment:
BTW have you seen all the paranoia over this in the UK:
https://twitter.com/RichardJMurphy/status/756515150685999105
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