Twitter-Reference ModernMoneyScot and Blog-Reference
“There is a third, and perhaps most important reason why we will also not get inflation. That is because of the nature of modern money.” Not really, the fact is that the Theory of Money ― including MMT ― is proto-scientific garbage. More details:
► The macroeconomic Law of Supply and Demand for the closed economy with market-clearing is shown on Wikimedia AXEC64
Egmont Kakarot-Handtke
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"There is a third, and perhaps most important reason why we will also not get inflation. That is because of the nature of modern money."
— Modern Money Scotland (@ModernMoneyScot) September 2, 2020
Tackling the post-coronavirus #InflationMyths #DeficitMyths and #MMT | Brave New Europe https://t.co/TuRJzzdebi