Stephanie KeltonKonto zweryfikowane

Too much net spending = only a one time increase in prices that can readily be reversed, without a drop in employment or output. It does not 'trigger hyperinflation' or anything of the sort. But too little = unemployment and lost output. So what are we waiting for??? ;)

If the deficit exactly repeated period after period,the price will get higher and higher, but no inflation because total consumption is higher and higher?

My #RestoringTrueFreedom taxplan would fully cover #MediCARE 4all. No tax hikes for those under $200K/yr. But Dems r proposing #MediCAID 4all not #MediCARE 4all. They just call it Medicare 2get more votes. They owe us a cost & offsets. They should be asking #MMT for analysis.

Since this is true, I'm not understanding why raising taxes on anyone at all is directly necessary.https://twitter.com/citizensmediatv/status/1082012298921852933 …