This remedy is absolutely crazy. what happens when the 1 trillion euros runs out? Just print off another trillion and another trillion again after that.?
MMT (magic money theory). is convoluted and complex, and there is a very good reason why it is so.
The 1 trillion euro doesn't change what the govts were going to spend in any case. it just reduces their funding needs and their interest expense.
DKPA1967 2 months ago
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This remedy is absolutely crazy. what happens when the 1 trillion euros runs out? Just print off another trillion and another trillion again after that.?
MMT (magic money theory). is convoluted and complex, and there is a very good reason why it is so.
Finnbar01 2 months ago
Comment removed
Finnbar01 2 months ago