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.
Links on Lars Syll’s ‘What’s wrong with MMT? Nothing!’
Everything!
(i) #MMTisBadTheory (ii) #MMTisBadPolicy (iii) #MMTersAreBadPeople
ad (i) The foundational sectoral balances equation is false. For proof see Rectification of MMT macro accounting https://axecorg.blogspot.de/2017/09/rectification-of-mmt-macro-accounting.html https://commons.wikimedia.org/wiki/File:AXEC118d.png
ad (ii) Permanent deficit-spending/money-creation is a permanent free lunch for the Oligarchy. For proof see How counterfeiters save America with an extra profit and make WeThePeople pay for it https://axecorg.blogspot.com/2019/02/how-counterfeiters-save-america-with.html
ad (iii) MMTers deceive the general public and violate scientific standards on a daily basis. For proofs see Cross-reference MMT (search for keyword “fraud”) http://axecorg.blogspot.com/2017/07/mmt-cross-references.html
Links on Lars Syll’s ‘What’s wrong with MMT? Nothing!’
ReplyDeleteEverything!
(i) #MMTisBadTheory
(ii) #MMTisBadPolicy
(iii) #MMTersAreBadPeople
ad (i) The foundational sectoral balances equation is false. For proof see
Rectification of MMT macro accounting
https://axecorg.blogspot.de/2017/09/rectification-of-mmt-macro-accounting.html
https://commons.wikimedia.org/wiki/File:AXEC118d.png
ad (ii) Permanent deficit-spending/money-creation is a permanent free lunch for the Oligarchy. For proof see
How counterfeiters save America with an extra profit and make WeThePeople pay for it
https://axecorg.blogspot.com/2019/02/how-counterfeiters-save-america-with.html
ad (iii) MMTers deceive the general public and violate scientific standards on a daily basis. For proofs see
Cross-reference MMT (search for keyword “fraud”)
http://axecorg.blogspot.com/2017/07/mmt-cross-references.html
Egmont Kakarot-Handtke