Why is it that the more I read about Modern Monetary Theory (MMT) the less I understand what it is?
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MMT: “IF WE PRINT A LOT OF MONEY AND SPEND IT REAL QUICK, NO ONE WILL KNOW AND WE CAN ALL BE RICH!"
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That’s what people who don’t understand MMT say, or people deliberately smearing it
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You would think a "Fuck it, we're going to die soon anyway" line of thinking would be a lot more popular among Boomers though, wouldn't you
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I think they're all just closet accelerationists
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MMT says that deficits don’t matter. That hyperinflation won’t occur because the government will just raise taxes. I know what you’re thinking...MMT is ridiculous, because government will not raise taxes.
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I think it has something to do with automation and vastly increased productivity not being fully monetized.
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It sounds like you understand it quite well.
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So it IS the blockchain!
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