Re << i'm interested in thread member comments and references, as well.
also curious about whether/how the PRC applies modern monetary theory within china.>>
(1) I realize that any discussion on China veers towards the political in USA these days, but rest assured that it is bipartisan and does not single out any political persuasion, these days.
So, here goes ...
(2) Generally, Team China has been practicing MMT by building infrastructure to do once-several-hundred-years catch-up, and sprinkling MMT via state, as well as private, and individual street-level initiatives. China MMT may look like QE but is not.
America has also done MMT, on top of QE, but the MMT got applied in places like Iraq, Syria, Afghanistan, Libya, ... as opposed to Michigan, Alabama, ...
In some sense Teams America and China cooperate very well, as the former bombs and latter builds up, for example cnbc.com <<As the US withdraws from Syria, China may boost its influence in the country>>
oilprice.com <<Is Iraq About To Become A Chinese Client State?>>
gandhara.rferl.org <<China Ramps Up Role In Afghanistan Ahead of U.S. Withdrawal>>
(3) Specifically w/r MMT explicitly mentioned (search on “MMT”)
Message 32130948
Message 32132681
(4) Implicit MMT (search on “Yangshuo”)
Message 31932995
Message 31938684
Message 31938981
Message 31945509
Message 31950508
(5) Compilation of view re what / how forward, and where would the collateral come from to underwrite more MMT
Message 32129365
(6) MMT cost wealth, from the people, either by taking the goodies in one fell swoop at moment of revolution, or by tax borrow print tax. Mathematically MMT and QE might look very similar, but QE favors the connected-rich-have-plenty whereas MMT favors the have-plenty-rich-connected
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