@NathanTankus I’m still struggling to understand MMT.
I found this (audio) summary helpful.
Do you think it holds up?https://www.cbc.ca/radio/frontburner/never-mind-the-deficit-1.5812231 …
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Inflation, and the availability of physical resources more generally, is generally seen as the main constraint to fiscal policy in MMT. To the extent that physical resources are less necessary and intellectual property+ digital services are the sectors that see demand increases
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the constraints on fiscal policy are loosened. However, that is an empirical question and unfortunately I think we're going to mainly be dealing with issues of physical resources for a while longer given our social problems.
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Curious, if inflation is the concern with MMT... have there been any studies on inflation in a digital economy?
With so many goods and services unrestrained by physical supply, it feels like inflation might not be as big of an issue?