Umm, eh?

Fourth, I now appreciate that MMT delivers, as all deficit funding policies by government do, the risk of increasing wealth and income inequality and that demands that there be policies to address these imbalances within MMT, hence the Recovery Bond.

Might it not be simpler not to have the deficit funding and thereby avoid the risk?

2 thoughts on “Umm, eh?”

  1. He seems to be losing his fondness for MMT. At least fondness for MMT that isn’t the ‘special’ MMT that he only knows about and he alone understands. And has invented.

  2. Frequently, if the government did not create a problem there would be no problem to correct, with associated corruption, cronyism and crime. The poverty industry is a good example.

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