The foundational #MMT #SectoralBalances equation is provably false. Because the #MacroFoundations are false, the whole approach is scientifically worthless. For the proof see
— E.K-H (@AXECorg) March 15, 2021
Proving Bill Mitchell wrong ― burying MMT for goodhttps://t.co/ZiXO1tFHHp pic.twitter.com/BC80QB71uE
Proof
The foundational MMT sectoral balances equation is false. Because the macroeconomic foundations are false, the whole approach is scientifically worthless. So, MMT policy guidance has no valid scientific foundations. See first of all section Provably False/MMT in Wikipedia, economics, scientific knowledge, or political agenda pushing?
Further Aspects
- Political fraud and the silence of academia
- MMT: fraudsters united
- MMT: The new Center of the Universe of political fraud
- A less than 320 words explanation of why MMT is a fraud
- Macro ignorance: Why Simon Wren-Lewis does not come to grips with the plain MMT-fraud
- Economics: The greatest scientific fraud in modern times
- MMT is an economic policy fraud
- MMT’s virtue-signaling distracts from failure/fraud
- MMT: From science to agenda-pushing to story-telling to fraud
- MMT: Not a joke but a fraud
- Deficit-spending, public debt, and macroeconomic profit/loss
- On the saying “We owe the debt to ourselves”
- Warren Mosler: scientific dilettante and political fraudster
- MMT is NOT bold policy but spineless fraud
- #PublicDeficitIsPrivateProfit #MMT #JustAnotherFraud
- The Magic Money Tree is real ― too bad that the magic is a fraud
- The Kelton-Fraud
- MMT: How mathematical incompetence helps the Kelton-Fraud
- Down with idiocy!
- The MMT fraud in slow motion, so that even economists can get it
- Wikipedia and the promotion of economists’ idiotism (I)
- Wikipedia and the promotion of economists’ idiotism (II)
- Rectification of MMT macro accounting
- The state of MMT? Stone-dead!
- MMTers: too stupid for simple math
- MMT and the magical profit disappearance
- MMT: The one deadly error/fraud of Warren Mosler
- Humpty Dumpty is back again
