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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (87602)2/29/2012 1:00:25 PM
From: dvdw©  Read Replies (1) | Respond to of 217828
 
Who gets it right?

What is your take on MMT?

How is it different than repackaging Keynes?

This comment came from the Blog and appeared the most meaningful from the stuff posted

"And it all rests on one key fact (at least as far as we can tell!) . Rather than treating money as an object of wealth or somebody else’s debt, a means to trade … MMT treats money as a claim on wealth, a product of trade."

This raises many questions....besides missing the obvious....
lets hope the authors intent is not limited too the malfeasance present, in the here and now....
apparently this MMT is being positioned as the next stream for rationalizing policy...spin.