July 7, 2020

MMT Basics

Comment on Lars Syll on ‘MMT basics’

Blog-Reference and Blog-Reference on Jul 8

  • The counterfeiter never runs out of money.
  • The counterfeiter never stops stealing stuff from the rest of society.
  • The counterfeiter increases the profit of the business sector with his additional demand.
  • The counterfeiter says that he is good for the economy and employment.
  • When the economy breaks down the counterfeiter increases deficit spending/ money creation.
  • The counterfeiter 'solves' any problem from unemployment to pandemics to global warming with deficit spending/money creation.
  • The counterfeiter continuously increases the public debt but says that it does not matter.
  • The counterfeiter is a criminal but never gets caught because he games the fiat money system from within.#1, #2, #3
  • The counterfeiter gets valuable PR support from academia, in particular from the MMT fake science trolls.#4

Egmont Kakarot-Handtke


#1 Criminals and the monetary order
#2 MMT sucks
#3 Cross-references MMT
#4 The sectoral balances obfuscation: stupidity or corruption?

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