I never understand anything about money until I translate it meaningfully into time terms. Like 2T in deficits... how many future years have we mortgaged away, and to what extent? How do we measure that? How many more hours will you have to work for comparable standard of living?
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The fairytale that is consequence free modern monetary theory.
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I know what the acronym stands for... just don’t know what your comment means
End of conversation
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