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0 sats \ 3 replies \ @TNStacker 12 May 2024 \ parent \ on: Fatal Flaws In Modern Monetary Theory econ
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.
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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