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Atrios on MMT

Summary:
Former economics professor (at Penn, I believe):  MMT I sort of ranked these in order of things that are close to being objectively true to things that liberals believe (which are probably also true!). The explicitly political element is that conservatives and the mainstream media which incorporates basically incorrect beliefs use deficit and inflation fears to implement their agendas. It is true that they hate inflation but they exaggerate these fears to make sure they win on the issue, and as we know, nobody really cares about the deficit.

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Former economics professor (at Penn, I believe):  MMT
I sort of ranked these in order of things that are close to being objectively true to things that liberals believe (which are probably also true!). The explicitly political element is that conservatives and the mainstream media which incorporates basically incorrect beliefs use deficit and inflation fears to implement their agendas. It is true that they hate inflation but they exaggerate these fears to make sure they win on the issue, and as we know, nobody really cares about the deficit.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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