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MMT magic solution. The water (debt) can be poured into the cup...

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AverageJoe

43,980 Posts.

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26/05/24

12:23

Post #: 74012385
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Originally posted by zipperlip ↑

Gum is a genius of Lefty economics, he thinks boosting government debt stimulates the economy and drives productivity.

When the reality is that rapid population growth drives inflation, the need for higher taxes, housing shortages, increased pressures on the health system, increased unemployment, crime and social unrest.

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MMT magic solution. The water (debt) can be poured into the cup (economy) or emptied into the sink (govt monetary policy).
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