by Summary:
Modern Monetary Theory is a lie!
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Modern Monetary Theory is a lie!
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Modern Monetary Theory is a lie! |
"MMT is a lie", "MMT is accounting"… so accounting is a lie?
It's acctng but not a lie. But it was a good clickbait title.
That is an incorrect definition of assets. Claims on others are just one type of asset. The majority of assets are PP&E, inventories, and other current assets.
You miss the point: the context is money and banking.
Do you think anybody learned anything from that clip?