Erik Striker and Mike Enoch have said it's revolutionary and made inflation obsolete.
But tonight, Tucker Carlson said that Joe Biden and Democrats practice MMT philosophy and that's the main cause of inflation.
What is MMT, and who's right?
Thoughts on MMT
William Wilson
David Hill
MMT is nonsense. Its based on keynesian economics but than they just add some random bullshit that doesn't make sense to make it more politically appealing and try to make it a normative science. its pushed by retarded politicians and irrelevant professors that are trying to get their 15 minutes of fame.
Jaxson Bailey
Jaxson White
not gonna lie:
I don't totally understand that
but I'm not super schooled in economics
Evan Kelly
By "MMT" they probably mean money printing whenever the government needs stuff.
Printing money seems to be pretty bad in globalist systems like the us dollar but in a nationalist system like Nazi Germany it seemed to work pretty well.
Aaron Phillips
> By "MMT" they probably mean money printing whenever the government needs stuff.
Yup! Basically nearly all of them go “why can’t the government fund itself by printing more money?”
Adrian Campbell
>Taking these two retard's take on the economy seriously
Those niggers can't shut up about how great the Ruble is doing yet none of them are willing to invest in it.
Curious isn't it?
Joshua Baker
>in a nationalist system like Nazi Germany it seemed to work pretty well.
What's the sample size there? Five years?
And wasn't a rebound basically guaranteed after the Weimar crash? Why do you give the credit to MMT when it could more credibly be given to a natural rebound?
More to the point, Strike & Mike were advocating for MMT for modern, Western countries, which are obviously not nationalist, and certainly not 1935 Germany.
Isaac Lee
dude there's like 3 guys left in the entire first world left who care about austrian economics bullshit, and all of them are grifters selling jew gold to boomers. Its not keynesian economics is just economics period.
Adrian Collins
MMT in a nutshell: I inflate away the value of your money as I want and if I went too far I raise your taxes to reduce your spending.
It's like I fuck your ass as a punishment because I forced you to suck my cock.
Hudson Williams
i see
Eli Ross
Tucker was shilling an idea called the quantity theory of money in regards to inflation. MMT uses price theory. Basically qtm says you print and inflation is the growing money supply and that it results in price increases on consumer goods since that's what we care about here. Price theory says inflation is prices going up faster than wages. The believe it isn't related to the money supply because all the actual data from the real world from the last 70 years in modern economies says it doesn't.
Joseph Reed
And austrian in a nutshell: The rich horde all the money and gold in the country, they buy up every bit of land and turn everyone into a renting slave. Rates are ridiculously high and no one is ever allowed to borrow so they're always kept a slave.
Alexander Cruz
Good explanation.
Brody Perry
if you can't tell the difference between keynesian and neoliberal macro maybe its time to open a book that wasn't written in 1948.
Nicholas Evans
>Rates are ridiculously high
And why is that?
Daniel Hernandez
>all the data
So if infinity money is completely viable because of "70 years of data"....then why not print infinity money and just everybody becomes billionaires?
It defies common sense.
I know you believe White People Are Magic, but that doesn't mean that we defy reality.
Logan Evans
You are correct.
>Bernie beat Ron
You BernieBros and your Jewish ideologies are clearly dominant.
Why are you even on Any Forums when you can just run your victory laps with your comrades on Reddiit?
Ryan Sanchez
That's exactly what's happening in America right now. Blackrock has been buying up residential land and paying insane premiums for houses so they can have a monopoly on the housing market. Bill Gates is also the largest owner of farmland in the country but that's another story altogether
Ryan Clark
MMT would need pretty monstrous interest rates to work properly, something like 25% which would mean that nobody but the 1% would afford to finance anything with loans, of course the kikes want this, permanent renter class with zero upward mobility
Jayden Gray
austrian, neoliberal, chicago shame shit.
Colton Phillips
By what metric, exactly, is the USA a libertarian government?
How much more government spending and welfare programs would you like before you'd call it "socialist"?
Leo Butler
Juan Sullivan
Even if I did work the dicsipline to make it work dosent exist in modern government
Chase Gonzalez
low liquidity, lack of regulation, requirements for high collateral, typically the crown always wanted first access.
Levi Williams
Yeah, but Keith Woods was saying there'd be no inflation with all the money printing from the COVID hysteria, and the exact OPPOSITE happened.
Or is his current argument that inflation isn't happening?
Or is his current argument that it's just a huge coincidence?
I mean, at some point, you've got to call out these commentators for their failed prophecies.
Because some right wingers are becoming as shameless as neocons in never owning up to their Grade-A Fail predictions