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.
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Tuesday, January 5, 2021
How Modern Monetary Theory gained currency — Arun Kakar
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
MMT pushes the Oligarchy's agenda ― they push MMT
ReplyDeleteComment 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