blueshoyru on Nostr: MMT proponents don’t disagree that monetary expansion can create inflation, they ...
MMT proponents don’t disagree that monetary expansion can create inflation, they just have the hubris to claim they can “control” the inflation with monetary and fiscal tools like interest rates, taxes, repo, and other govt interventions.
Published at
2023-04-13 11:33:25 UTCEvent JSON
{
"id": "5bf09295b556f8f0c3a31457446570adc66ef9f3cc90934cb8c5ff110a0cdb7e",
"pubkey": "5761f717e9f4adbbf51af40cb2790f06be064f7652193ba360ea6aa0ba09fefb",
"created_at": 1681385605,
"kind": 1,
"tags": [],
"content": "MMT proponents don’t disagree that monetary expansion can create inflation, they just have the hubris to claim they can “control” the inflation with monetary and fiscal tools like interest rates, taxes, repo, and other govt interventions.",
"sig": "ea58d63037ada0715cd6345869181978f532e01492ca5ffda6aa7100fb3c4b56a1042a7cb5c22a3182da9a3bfd018f172d327b78fec1a698a347389e50d666f8"
}
