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trescenzi 8 hours ago

Yea the covid money printing is regularly pointed to as a reason why MMT is clearly bad but that ignores that there’s literally a solution to this problem in MMT. Raise taxes to reclaim the money. It’s a trivial solution which is sadly politically incredibly challenging.

triceratops 2 hours ago | parent | next [-]

> Raise taxes to reclaim the money

Only works if the government doesn't turn around and spend the money. And feeding dollar bills into a furnace just looks bad.

guywithahat 6 hours ago | parent | prev [-]

What a horribly dystopian thing to say

trescenzi 5 hours ago | parent [-]

Huh what is dystopian about that? I’m just referencing how MMT prescribes to solve for inflation and the reality that it’s hard in a democracy to raise taxes.