The Differences Between MMT and the Government's Approach to Finance

There's a lot that you and MMT agree on. So where is the disagreement? Well, the disagreement comes on how the deficit is financed. Is it an unfunded deficit, which is what I've been describing, or is a funded deficit? And so to me, the difference between, say, my view and the MMT view is they want to go back to the old way of the unfunding deficit. And I'm more comfortable with the new way, which is a funded deficits.