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USA Today: Donald Trump, $22 trillion debt is no Laffer-ing matter

Summary:
Lol Trump Derangement Syndrome lefty USAToday unqualified journos on the loose...Dialectic trained MMT people making no difference whatsoever... none... zero... zip.... nada.... and  never will... ...some left-wing Democrats lately have begun pitching their own voodoo economics known as "modern monetary theory." This holds that deficits don’t matter because currencies — particularly reserve currencies like the dollar — are monopolies, and therefore institutional investors will have no choice but to keep lending money to the governments that issue them. So where does money come from????? Donald Trump, trillion debt is no Laffer-ing matter https://t.co/7Maiea7KUs via @usatoday — WhoWhat (@WhoWhat89080269) June 7, 2019

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lol Trump Derangement Syndrome lefty USAToday unqualified journos on the loose...

Dialectic trained MMT people making no difference whatsoever... none... zero... zip.... nada.... and  never will...

...some left-wing Democrats lately have begun pitching their own voodoo economics known as "modern monetary theory." This holds that deficits don’t matter because currencies — particularly reserve currencies like the dollar — are monopolies, and therefore institutional investors will have no choice but to keep lending money to the governments that issue them.

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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