Fed economists warn of inflation and ‘economic ruin’ if MMT-type policies are ever adopted

Discussion in 'Economics' started by Banjo, Nov 25, 2019.

  1. Banjo

    Banjo

  2. tommcginnis

    tommcginnis

    I applaud the message, even if it is akin to NASA arguing with the Flat Earthers. :wtf:;):p:D

    The MMT flag-wavers need an actual flag.
    I nominate this one. Any seconds?

    [​IMG]
     
    nooby_mcnoob likes this.
  3. Banjo

    Banjo

    @piezoe presents interesting arguments for MMT. He's down in politics getting worked up. Don't know how he got vacuummed into that vortex.
     
  4. Because, you see, he is intelligent and absolutely not as dumb as the filth who voted in Trump. He must cure others of their wrongness.

    MMT is a joke and will destroy any wealth the middle and lower classes have.

    Oh, wait... So it will happen.
     
    Banjo likes this.
  5. Banjo

    Banjo

  6. They make the exact same claim whenever any type of monetary reform is proposed. Going to a monetary policy that helps working class people is always called inflationary by those who benefit from the system as it currently functions.
     
  7. destriero

    destriero

    lol GOP record deficits. From the doubling under Reagan to present day. The fact is that the GOP is the biggest proponent of MMT as practice, not theory.
     
  8. notagain

    notagain

    "Gov't debt is good" until another balanced budget amendment