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Tim Worstall — Zimbabwe’s Third Time Lucky – The Return Of The Zim$

Summary:
Here he goes again. "Zimbabwe."Tim Worstall knows better. MMT's bottom line is availability of real resources to meet effective demand. Zimbabwe's problem is exceeding its real resource constraint fiscally. The predicable result based on MMT analysis is inflation.  This is trivial. Either Tim Worstall is ignorant of MMT, or he is being disingenuous. Continental TelegraphZimbabwe’s Third Time Lucky – The Return Of The Zim$ Tim Worstall

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Here he goes again. "Zimbabwe."

Tim Worstall knows better. MMT's bottom line is availability of real resources to meet effective demand. Zimbabwe's problem is exceeding its real resource constraint fiscally. The predicable result based on MMT analysis is inflation. 


This is trivial. Either Tim Worstall is ignorant of MMT, or he is being disingenuous.
Tim Worstall

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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