its weird how little people are talking about and preparing for the B117. Like, we've learned nothing and everyone that I know that knows about what is going to happen is like "lol, yeah, its gonna suck, butwhatchagonnado?
so far overall cases are going down, so it "might" not matter and the vaccines "might" be enough to stop the spread. but i got my eyes on texas
Comrade, have you heard the good word about MMT?
what new hell is this?
It's good, actually.
MMT stands for Modern Monetary Theory. The big takeaway is that countries like the United States -- countries which issue their own fiat currency, pay obligations in that currency, and have robust productive capacities -- can do a whole lot more deficit spending before it becomes an issue. This doesn't mean that we can print unlimited money and solve big problems with it, but it does mean that we can print far more money than we currently do without risking consequences like runaway inflation. It's a direct answer to "but how are you gonna pay for it?" deficit scolds.
Unsurprisingly, there's a nice Citations Needed episode on the subject where they interview one of the leading MMT economists.
Lost the plot while posting all over the site. I thought MMT was some new virus strain or something
understandable
I hope the Citations Needed guys are remembered after the revolution. would it be cringe if we made emotes :citations-needed:
i'll give it a listen. was gonna make a joke about Ted Cruz says otherwise, so just pretend that I did
Fuck we need a Ted Cruz Zodiac Killer emoji
Use this photo of ted cruz to get started