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This post was picked up and reposted by the Wall Street Journal.It is interesting that Connor Morrell concedes the truth of the MMT claims about fiscal sustainability. His objection is that it leads to excesses that result in eventual contraction to purge the system.Short and to the point.Mises Wire — Mises InstituteWar Spending Gives MMTers and the Left a Strong Talking PointConnor Mortellhttps://mises.org/wire/war-spending-gives-mmters-and-left-strong-talking-point
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This post was picked up and reposted by the Wall Street Journal.This post was picked up and reposted by the Wall Street Journal.It is interesting that Connor Morrell concedes the truth of the MMT claims about fiscal sustainability. His objection is that it leads to excesses that result in eventual contraction to purge the system.Short and to the point.Mises Wire — Mises InstituteWar Spending Gives MMTers and the Left a Strong Talking PointConnor Mortellhttps://mises.org/wire/war-spending-gives-mmters-and-left-strong-talking-point
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Mike Norman considers the following as important:
This could be interesting, too:
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It is interesting that Connor Morrell concedes the truth of the MMT claims about fiscal sustainability. His objection is that it leads to excesses that result in eventual contraction to purge the system.
Short and to the point.
Mises Wire — Mises Institute
War Spending Gives MMTers and the Left a Strong Talking Point
Connor Mortell
https://mises.org/wire/war-spending-gives-mmters-and-left-strong-talking-point