MMTers are confusing sequence with balance.
— AXEC (@EgmontHandtke) April 16, 2026
Whether spending G or taxes T comes first is a liquidity issue. In a period of given length, not the sequence but the balance between the household sector and the government sector is relevant. The 3-sector Profit Law…
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.