If we had an actually functioning democracy, everyone would have a home. If you think about it for a moment, if you have a democracy with half of the people (was it people or was it families, that is rather questionable statistics today) owning two houses and renting one out to the other half of the population, well that is not a democracy now is it?
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- Charles Hugh Smith article on MMT (Modern Monetary Theory)
Charles Hugh Smith article on MMT (Modern Monetary Theory), page-44
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