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Dantev2
1 Feb 2019 4:53 pm
1 Feb 2019 4:53 pm
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peepee » 02 Jan 2019 12:03 pm » wrote:DANTEV2 and/or any other monetary realists, do you know of any 'MMT' [modern monetary theory] advocates?..joe bongiovanni slices and dices the mmt people here:

https://www.youtube.com/watch?v=jvunhn47F20
I used to support MMT, but it was clearly flawed. MMT doesn't address how the gubmint gets its revenue, and kind of dodges the question whenever it's asked ("we'll just spend it into existence!").

BTW, Joe Bongiovanni used to attend meetings in the Green Party to advocate for SMS (Sovereign Monetary System), but this is something the GP rarely speaks of.
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