Unfortunately, there is widespread confusion over MMT as MMT economists have developed it and the way that others describe it. This article makes an attempt but fails to disentangle the knot of conflation, but at least it is an attempt at balance rather than the usual rant.
DW (Deutsche Welle)
Modern Monetary Theory: Endless debt with no consequences?
1 comment:
On the DW site, there's a clickable phrase saying "send us an email". So I'll send them an email in the next few minutes telling them they're talking thru their rear end. However, I'll temper that criticism by saying that about 90% of journalists in the West are know nothings who make stuff up as they go along, so DW is not out of the ordinary....:-)
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