ThomasMuentzner [he/him, comrade/them]@hexbear.net to Asklemmy@lemmy.mlEnglish · 2 years agoWhats your guess on when americans will figure it out ?hexbear.netimagemessage-square65fedilinkarrow-up1135arrow-down111
arrow-up1124arrow-down1imageWhats your guess on when americans will figure it out ?hexbear.netThomasMuentzner [he/him, comrade/them]@hexbear.net to Asklemmy@lemmy.mlEnglish · 2 years agomessage-square65fedilink
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up2arrow-down1·2 years agoThought MMT was recently disproved. No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
minus-squaredavel [he/him]@lemmy.mllinkfedilinkEnglisharrow-up5·2 years agoMMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly to disparage it) attribute things to MMT that it just isn’t.
Thought MMT was recently disproved.
No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.
MMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly to disparage it) attribute things to MMT that it just isn’t.