When someone with a grasp of MMT writes about MMT. https://theconversation.com/how-government-deficits-fund-private-savings-113964 …pic.twitter.com/1WoQxtErY3
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Frankly every critic of MMT is such. The create strawman that deliberately misrepresents it and then argue as to why it’s either “silly” or “dangerous”. When you corner them, the end up with - MMT gives politicians too much power with the purse that will destroy the country.
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There are several critics of MMT (although I tend to see them as MMT adjacent, even if they wouldn't characterize themselves that way) who have given fair summaries and demonstrated they have an actual grasp on it. eg: https://creditwritedowns.com/2019/03/mmt-for-dummies.html … or https://www.interfluidity.com/v2/7097.html .
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