by Summary:
Unlocking Economic Growth with Debt Jubilee
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Steve Keen considers the following as important:
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Unlocking Economic Growth with Debt Jubilee
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Unlocking Economic Growth with Debt Jubilee |
Isn't this part of MMT? Aren't you debasing the currency?
How're you debasing the currency? A debt jubilee is just a cancelling of repayment obligations. The government can simply buy-out and cancel debts, which frees up economic capacity.
So technically the practice of legalised robbery would be reversed and wealth distribution made over according to some kind of democratic policies? We wish.