Wednesday, March 17, 2021

I am right on this MMT thing

 I am the alt-right of MMT, a big believer. Leave it at, double spend and tax; with the debt markets free.

Stephanie is right, their is a sovereign claim on money.  The unrecoverabe cost of sovereign overhead. It is real, not that big of a deal, enforceable by the Supremes, fit with Constitution, it is the winning form of MMT and should be implemented tomorrow. Stephanie can put up her numbers, based on her principle as stated in wiki, and there are no yield controls stated. No other controls but the two stated.


I make no ex ante restriction on Congress ability to borrow, or save.




No comments: