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| Image courtesy www.homosociologicus.com |
I have not copied any text from the source but provided a link only because I want anyone looking for info on MMT to consult this source and while there take the time to peruse the wide ranging and informative blog.
I have done so critically and sceptically, and I am not someone who believes that MMT is based on sound monetary policy, yet I have been persuaded to keep an open mind so I will urge readers to consider this approach. Time will tell, and I am not optimistic that risking sovereign debt default can amount to any good and poses serious risk to any currency, even the global reserve currency. Also. I cannot imagine with the current realities surrounding special interests involved with deficit spending that the monopoly held by the military, Israel lobby and others will ever yield to public spending returning to sober causes that are in the public interest or subject to democratic oversight structures. That being said, let's move onward.
Click this text for a link to the information.
I'd like to include this type of thinking in the world's solutions and alternatives repertoire because I devote the vast majority of my energy to fiat alternatives and criticism of govt deficit spending etc and in the interests of balance it's important to include thinking within this framework, which is, after all, a reality.
Click this text for a link to the Facebook page.
The Homosociologicus Blog and FB page is maintained by Lars Jørgensen
Click this text for a link to the information.
I'd like to include this type of thinking in the world's solutions and alternatives repertoire because I devote the vast majority of my energy to fiat alternatives and criticism of govt deficit spending etc and in the interests of balance it's important to include thinking within this framework, which is, after all, a reality.
The Homosociologicus Blog and FB page is maintained by Lars Jørgensen
