SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (848)3/13/2019 12:50:57 PM
From: RetiredNow  Read Replies (1) | Respond to of 1504
 
I agree with you about the capture of regulation and the refusal to commit to anti-trust enforcement. As to MMT, you should be very cautious on anything that promises something free. There is one truth in life and that is that there is nothing for free. Someone always pays a price. With MMT, the price will be felt most by the people who think they are getting something for free. Zimbabwe, Weimar, Venezuela, and many other countries have experienced MMT, much to their chagrin.



To: ggersh who wrote (848)3/13/2019 12:54:42 PM
From: RetiredNow  Read Replies (1) | Respond to of 1504
 
BTW, one more thing. You do know that we have already tried MMT in the US, right? It's called QE. Did that do anything for the 99%? I know it increased my own wealth significantly, because I'm a big asset holder, but I'm in the 1%. So that's something to think about. QE and MMT never help the 99%. They first and foremost help the 1% and increase the rich poor divide by leaps and bounds.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News