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Wednesday, April 15, 2020

How the Government Pulls Coronavirus Relief Money Out of Thin Air — Matt Phillips


I am going to break a rule and link to this at the New York Times because it is noteworthy owing to its implicit support of MMT. The New York Times is "the paper of record" so this is a big deal.

But aware that you may encounter a paywall. I don't usually link to paywalled sources.

New York Times
How the Government Pulls Coronavirus Relief Money Out of Thin Air
Matt Phillips




4 comments:

  1. Trump has made MMT go mainstream. As many feared.

    ReplyDelete
  2. Also, MMT in practice is going to allow the .1% to rob average people on a much much more massive scale than anything else in history.

    Of course, I have pointed that out dozens of times in these comments. ZZZZZZ

    ReplyDelete
  3. MMT don’t allow robbing. People allow people to rob.

    ReplyDelete
  4. So you pointed in the wrong direction as you usually do.

    ReplyDelete