MMT is the best way to destroy the US Dollar’s purchasing power, end it as world reserve currency and collapse the economy.
All under the fallacy of “this time will be different”. It will not.
Further read:
- https://mises.org/wire/governments-default-debt-more-you-think
- https://mises.org/wire/people%E2%80%99s-qe-its-venezuela-tea-and-cakes
- https://mises.org/library/upside-down-world-mmt
- https://publications.banque-france.fr/en/meaning-mmt
What the fuck is MMT ?
Modern Monetary Theory, a theory that basically says that governments can print all the money they need.
Only one phrase accurately describes MMT – That is – ” self contradicting rubbish economics”.
Greece has not had its own sovereign currency since it adopted the Euro in 2001.
Greeve defaulted after they gave up their currency sovereignty not before.
And also before the euro