ThomasMuentzner [he/him, comrade/them] to Asklemmy@lemmy.mlEnglish • 7 days agoWhats your guess on when americans will figure it out ?hexbear.netimagemessage-square62fedilinkarrow-up1135arrow-down112
arrow-up1123arrow-down1imageWhats your guess on when americans will figure it out ?hexbear.netThomasMuentzner [he/him, comrade/them] to Asklemmy@lemmy.mlEnglish • 7 days agomessage-square62fedilink
minus-square@MNByChoice@midwest.sociallinkfedilink1•7 days agoThought MMT was recently disproved. No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
minus-squaredavel [he/him]linkfedilinkEnglish5•edit-27 days agoMMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly, for disparagement or promotion) attribute things to MMT that it just isn’t.
Thought MMT was recently disproved.
No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
MMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly, for disparagement or promotion) attribute things to MMT that it just isn’t.