April 4, 2021

Occasional Tweets: MMT is refuted ― end of story



For the details see thread.


Refutation of MMT

The foundational MMT sectoral balances equation is provably false. Because of this, the whole approach is scientifically worthless. Therefore, MMT policy is just brain-dead political agenda-pushing.

So, that is ALL one needs to know about MMT: (i) MMTheory is inconsistent, i.e. proto-scientific garbage (ii) MMTpolicy has NO sound scientific foundations (iii) MMT is a political fraud, i.e. because of #PublicDeficitIsPrivateProfit it benefits the Oligarchy (iv) MMTers are stupid or corrupt or both.