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What if the federal deficit didn’t actually matter? Modern Monetary Theory explained — Talib Visram

Summary:
Stephanie Kelton’s new book, ‘The Deficit Myth,’ argues that the path to shared prosperity and achieving progressive goals means no longer asking how we will pay for things, and instead just creating the money to make them happen.... MMT positive.BTW, I don't bother with posting MMT negative stuff unless it makes a contribution or in some way advances informed debate. Most of the mentions are still negative and they use the same flawed reasoning if one can even call attacking a straw man reasoning. Most are uniformed and many are just ideological rants that confuse strongly held belief with knowledge supported by evidence.Fast CompanyWhat if the federal deficit didn't actually matter? Modern Monetary Theory explained Talib Visram

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Stephanie Kelton’s new book, ‘The Deficit Myth,’ argues that the path to shared prosperity and achieving progressive goals means no longer asking how we will pay for things, and instead just creating the money to make them happen....
MMT positive.

BTW, I don't bother with posting MMT negative stuff unless it makes a contribution or in some way advances informed debate. Most of the mentions are still negative and they use the same flawed reasoning if one can even call attacking a straw man reasoning. Most are uniformed and many are just ideological rants that confuse strongly held belief with knowledge supported by evidence.

Fast Company
What if the federal deficit didn't actually matter? Modern Monetary Theory explained

Talib Visram
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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