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bang57

2,611 Posts.

29

11/08/20

22:15

Post #: 46467414
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Originally posted by CafeCafe: ↑

Comedian, Luke McGregor, in his capacity as The Weekley's Economics Correspondent (Lukenomics) explains MMT.
https://www.youtube.com/watch?v=uEqucQNLIko&t=1s

I agree - Australian Government can never run out of money as long as it maintains its current level of Monetary Sovereignty. The Govt, just like the Banker in a Monopoly game, can never run out of the money. The Govt is therefore not financially constrained beyond the financial constraints it imposes on itself.

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