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Unpacking the Incoherence and Hubris of Modern Monetary Theory and Its Intersection with CBDCs and Bitcoin.
If anyone ever tells you there are no or limited consequences for their behavior, call bullshit and move on.
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Yes, that's good to move on either calling it a bullshit or foolish.
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No consequences because of the society we are living in. Just have to wait 20 years until they become an adult, if they even make it that far. Then they will realize.
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I mean MMT where these fiatconomists are saying there is no consequence to govt debt and money printing
By the way, no one, and I mean no one talks about state debt. They issue bonds drunk sailors spend on shore leave.
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Interesting, you are right. I dont hear a lot about state debt. Is it bad? Cali must be in mega debt, right?
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Oh YEAH!
Plus pensions will break cities, counties, states, and the feds.
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No way, pensions have a lasting effect? They cant just keep kicking the can down the road?
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Don't like BM so much but must say they have nailed it to the perfection.
There's no intersection an nor will be between CBDCs and Bitcoin. One is freedom and other is slavery.
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Modern Monetary theory has many flaws, and they are all fatal. Having people like him who dont understand their position is even worse!
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