first pass at least, im worried about this it would be oversimplifying but one could maybe tell a story of how everything that has happened in the last ten years is downstream of a breach in an implicit social contract that went down in 2008https://twitter.com/eigenrobot/status/1422384419122208769 …
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it matters within certain parameters the problem with MMT isn't "you can borrow until you run into inflation" it's "and therefore buy All The Healthcare"
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We'll see when the taper starts, but "There's a plague, hang the inflation and print the money to keep everyone in their homes" was on point.
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Grandma's house fell in the lake, and she got half a million in PPP loans + mortgage forbearance to pull it back out and put it back on the sand dune.
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