Conversation

Poll: What do you think of MMT?
  • Solid ideas
    15.3%
  • Insincere bullshit
    10%
  • Wishful cluelessness
    29.9%
  • Wtf is MMT?
    44.9%
871 votesFinal results
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Replying to
I think that MMT is an interesting reframe with two major truths: (1) It's the real economy stupid, and (2) monetary/fiscal policy is just fiat power by abstracted means.
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My interactions with their community have been pretty poor so far. It seems like MMT is adding epicycles to essentially do automatic Keynesian spending (via jobs guarantee, etc.) / taxing the rich / externalities.
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You’re probably the most sympathetic capitalist to such ideas and if even you are underwhelmed I’m comfortable writing it off as bullshit
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