- 24 Jul 2019 20:44
#15021056
Rush Limbaugh is in line with what MMTers have been saying, it seems.
https://edition.cnn.com/2019/07/17/poli ... index.html
https://www.salon.com/2019/07/19/rush-l ... s-deficit/
https://reason.com/2019/07/18/rush-limb ... servatism/
Since I believe that MMT is far and away a better theory about macroeconomics than either mainstream theory, it is good to see this.
MMTers say the national debt is assets of the people and insurance comp., etc. It is a good thing. It can and will never be paid OFF. It didn't cause inflation let alone hyperinflation and has no down side.
https://edition.cnn.com/2019/07/17/poli ... index.html
https://www.salon.com/2019/07/19/rush-l ... s-deficit/
https://reason.com/2019/07/18/rush-limb ... servatism/
Since I believe that MMT is far and away a better theory about macroeconomics than either mainstream theory, it is good to see this.
MMTers say the national debt is assets of the people and insurance comp., etc. It is a good thing. It can and will never be paid OFF. It didn't cause inflation let alone hyperinflation and has no down side.
- By QatzelOk
- By Fasces
- By FiveofSwords