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Matt Bruenig — What’s the Point of Modern Monetary Theory?

Summary:
Another straw man argument.Matt Bruenig begins with summarizing what some prominent MMT critics have said and then attacks MMT on that basis. Lame.At one time, it was prudent strategically to correct erroneous arguments against MMT. It still is when arguments are researched. But otherwise it is a waste of time now. Time can be more productively allocated.People's Policy ProjectWhat’s the Point of Modern Monetary Theory? Matt Bruenig

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Another straw man argument.

Matt Bruenig begins with summarizing what some prominent MMT critics have said and then attacks MMT on that basis. Lame.

At one time, it was prudent strategically to correct erroneous arguments against MMT. It still is when arguments are researched. But otherwise it is a waste of time now. Time can be more productively allocated.

People's Policy Project
What’s the Point of Modern Monetary Theory?

Matt Bruenig

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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