Matt Taibbi A Quick Note In Response to Naked Capitalism— I’m phobic about kleptocracy, not Modern Monetary Theory

Summary:
Longtime friend Yves Smith of Naked Capitalism published an interview today with Richard Vague, Pennsylvania's acting Secretary of Banking and Securities, that takes issue with my last two Substack pieces on the recent bailouts. Both Vague and Yves seem to think I've been "acrophobic" about modern Monetary Theory and perhaps unconsciously mired in questionable orthodoxies about debt and government spending.... Matt TaibbiA Quick Note In Response to Naked Capitalism— I'm phobic about kleptocracy, not Modern Monetary Theory

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