Tuesday, January 5, 2021

How Modern Monetary Theory gained currency — Arun Kakar


For the record.

Spears
How Modern Monetary Theory gained currency
Arun Kakar

1 comment:

AXEC / E.K-H said...

MMT pushes the Oligarchy's agenda ― they push MMT
Comment on Arun Kakar on ‘How Modern Monetary Theory gained currency’

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies Public Deficit = Private Profit. Thus, the MMT policy of deficit-spending/money-creation results in a free lunch for the Oligarchy. This is why MMT is currently pushed over all media.

MMT ― now official doctrine
https://axecorg.blogspot.com/2020/07/mmt-now-official-doctrine.html

Egmont Kakarot-Handtke