米国発の財政拡大論「 ..
423:名無しさん@1周年
19/04/18 01:33:58.07 d8NSjXiZ0.net
https ://www.businessinsider.com/weekender-the-trouble-with-modern-monetary-theory-mmt-2011-1
MMT says it's important to understand the government is self-funding and can't run out of money.
We say "meh" -
this is true but not that big a deal. It's the functional equivalent of saying Uncle Sam owns a printing press with no "off" button.
MMT says (or strongly implies) deficits don't matter because the Monopoly banker can't go broke.
Again we say "meh" -
not the critical point. If the Monopoly banker (i.e. the Federal government) abuses his priveleges, investors can shift
their preferences. They can walk away from the Monopoly board and go play "Clue" instead, moving their assets
into fiat alternatives.
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