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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (221703)	1/4/2022 1:42:38 PM
From: CentralParkRanger	Read Replies (2) \| Respond to of 360372

What's most amazing about you, i-node that you are, like Trump, a super expert in any area. You have no idea what MMT is - there is no "unlimited money supply" in MMT. By the way, some of the cryptos have no cap on number of coins, and they don't require mining, so here is "unlimited money supply". You just show your complete ignorance on the subject and inability to learn anything new.

To: i-node who wrote (221703)	1/4/2022 9:32:22 PM
From: combjelly	Read Replies (4) \| Respond to of 360372

Money is a stand-in for value. Say what? Money represents goods and services. A replacement for barter. While the physical representation of the money might be something scarce and considered to be of value because of that, like gold, it doesn't have to be. What is important is a general agreement of the value. Or at least in conventional economics. MMT breaks with that and is the reason it is controversial. Your "analysis" of cryptocurrencies is equally whacked. Bitcoins are valuable because some people regard them as such. Otherwise, they are worth less than tulips, which actually have a use outside of their valuation.