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debt (Public Board)

by ,ndo, No refunds or exchanges! Fullstop!, Wednesday, September 18, 2024, 16:47 (312 days ago) @ Cornpop Sutton

My understanding, and I'm willing to be corrected by SureThing or anyone else, is that MMT provides an excuse to borrow money. Because "debt" is meaningless or something, which I never got my head around.

And because you can borrow freely, well you're inevitably going to end up with enormous debt. But that doesn't matter, remember?

So if all of that is right then it's all a bunch of bullshit. But maybe I misunderstand.


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