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21 sats \ 2 replies \ @Bell_curve 27 Jun \ parent \ on: The Very Model of a Modern Major Bidenomics Economist econ
MMT is so irresponsible and intellectually dishonest
The idea is that high taxation reigns in monetary inflation by discouraging commerce?
No, that's more of the neoclassical view.
The MMT position is that you use taxation to directly reduce the money supply. Think money fire.
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Money fire 🔥, interesting
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