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PM Demand... as Inflation Hedge!, page-100

  1. 9,312 Posts.
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    MMT. I think the single most critical tenet would have to be the need to maintain economic growth sufficiently close to expanding money supply such that inflation doesn’t get out of hand. If your pie grows at the same rate as the number of slices then each slice stays the same size.

    Theoretically, if you could maintain a net zero coupling you could inflate infinitely without risk. But of course human nature will certainly upset the planning point at some point and the true reckoning will come. In the meantime, those who maintain wealth in exposure to real assets should always be fine.
    Last edited by seals: 28/06/21
 
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