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Life Under MMT: A Self-Reinforcing, Inflationary Feedback Loop

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By charleshughsmith
Saturday, October 26th, 2019

Life Under MMT: A Self-Reinforcing, Inflationary Feedback Loop

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By charleshughsmith on
Saturday, October 26th, 2019
15

Executive Summary The siren song of “free money” programs like MMT and UBI Why these are financial “roach traps” The inevitable inflationary end of our current trajectory What to invest in to protect your wealth If you have not yet read Part 1: Could Modern Monetary Theory (MMT) Actually Save Us?, available free to all readers, please click here to read it first. MMT is a financial Roach Trap — it’s impossible to back out of MMT once it’s launched. The demands for more spending will skyrocket, and there will be no politically viable way to say “no” to additional

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It's distressing to see how well accepted the idea of UBI is among people who ought to see through it.  It's had a trial in Finland, failed to achieve much, ...
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