Debunking Economics - the podcast cover image

Opportunity Cost and MMT

Debunking Economics - the podcast

CHAPTER

MMT and the Politics of the World

The practicality is quite relatively straight for the government, creates money by spending more than it takes back in taxes. MMT injecting it into that has to be aware of the cynicism and lack of sense of many politicians. And so it has to be a political reform movement, as well as an economic reform movement. That would say things like we have to find a way of representing people,. which doesn't get narcissists elected to make decisions for their own friends or venal partners.

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