MMT: Believe in the "Incredible Power" of the State
By Jonathan Newman
> Every cent of government borrowing displaces credit that would be extended to value-creative uses in the market economy and represents future taxation or inflation.
MMT: Believe in the "Incredible Power" of the State
By Jonathan Newman
> Every cent of government borrowing displaces credit that would be extended to value-creative uses in the market economy and represents future taxation or inflation.