2min chapter

The New Liberal Podcast cover image

What's wrong with MMT? ft. Eric Leeper & Ben Ritz

The New Liberal Podcast

CHAPTER

Is There a Trade Off in M M T?

M m t is essentially trying to claim that there's free lunch. Out there, and there is no trade off. Choices have opportunity cost. This is like one of the central concepts in all of economics. Where you're doing micro, macro, international, anything,you know, there's opportunity cost. There's no free lunch. But i think you've caught something. It's a way of getting around having to answer a question that they don't want to im it's, if you can say that you're going to do all this spending and nobody is goingTand youre goin to get all these good things,. That is just a lot more appealing than having the

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