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/biz/ - Business & Finance

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22533287 No.22533287 [Reply] [Original]

Modern Monetary Theory (MMT)

>> No.22533301
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22533301

wait. wrong image.
that's better.

>> No.22533412
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22533412

>the state cannot become insolvent if it goes into debt in its own currency.

>> No.22533896

All will be paid for eventually by inflation. Nothing is free

>> No.22533955
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22533955

>>22533896
>there is no free lunch

>> No.22534041

>we have a huge debt
>we have no way to pay it back
>luckily we discovered a completely new way of looking at economics which nobody has ever tried before! God we're so smart and every single person prior to my existence was stupid
Debasing the currency has always led to rapid inflation, from Rome to the 70s. The odds that this time is the "new paradigm" are so bad as to make you wonder why every world leader is suddenly trying it at once.

>> No.22534054

>my melkshake brangs all the printers to the yard