... Or, less delicately, it's the form of High Magic required for the central public functions of an advanced fascist state.
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... If I was a senior functionary in a contemporary fascist regime running a massive fiat funbux scam, I'm not sure how thrilled I'd be to see the MMT wonder-kids standing on the street corner saying: "Watch, as I pull it out of a hat!"
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... The 'traditional' ordering of monetary and financial authorities, with their respective responsibilities, is essential to the ceremony. Otherwise it's too obvious how the con is being run.
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... One thing that should be beyond all serious question -- entrusting any government with mystery monopoly powers over money creation/destruction is inconsistent with liberty in even its most pitifully diminished sense.
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good article that is largely correct in its assessment of mmt word games
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the only person really putting forward nick land-style econ plans isn't matt bruenig or mmt it's
@glenweyl imoThanks. Twitter will use this to make your timeline better. UndoUndo
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