The left should resist the siren song of ‘modern monetary theory’

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Ad Orientem
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The left should resist the siren song of ‘modern monetary theory’

Post by Ad Orientem » Sat Apr 20, 2019 10:41 pm

https://www.washingtonpost.com/outlook/ ... story.html

How long has it been since we have had one of these threads?

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boglerdude
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Re: The left should resist the siren song of ‘modern monetary theory’

Post by boglerdude » Sun Apr 21, 2019 12:16 am

Some discussion of MMT here

viewtopic.php?f=9&t=9889
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europeanwizard
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Re: The left should resist the siren song of ‘modern monetary theory’

Post by europeanwizard » Sun Apr 21, 2019 12:24 am

When I read this stuff, I'm so glad a decent portion of my portfolio is gold.
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Ad Orientem
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Re: The left should resist the siren song of ‘modern monetary theory’

Post by Ad Orientem » Sun Apr 21, 2019 9:38 am

europeanwizard wrote:
Sun Apr 21, 2019 12:24 am
When I read this stuff, I'm so glad a decent portion of my portfolio is gold.
+1
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I Shrugged
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Re: The left should resist the siren song of ‘modern monetary theory’

Post by I Shrugged » Sun Apr 21, 2019 8:10 pm

Every time I read about MMT, I start giggling. I mean, come on. No one can be that stupid, can they?
Obviously they can. Which is why it tickles me so.
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mrbk2fi
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Re: The left should resist the siren song of ‘modern monetary theory’

Post by mrbk2fi » Sun Apr 21, 2019 9:33 pm

MMT would probably not be discussed so frequently if it wasn't for the amount of debt accumulation the country has seemingly survived without any apparent damage to the system. I agree with others that such talk is a great indicator for gold futures.
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