Thursday, April 14, 2022

Anyone Noticed How Quiet MMT'ers Have Gotten Now That Inflation is at 8.5%?

Click here to read the original Cautious Optimism Facebook post with comments

The Cautious Optimism Correspondent for Economic Affairs and Other Egghead Stuff has a question:

Has anyone else noticed how quiet most Modern Monetary Theory zealots have become since inflation took off?

They promised the printing press would give us the Green New Deal, Medicare for All, Universal Basic Income, free college tuition, the jobs guarantee program, free daycare, racial reparations, and a huge reduction in poverty... all for free.

They haven't even started spending on any of those programs yet and all we've gotten is this lousy inflation.

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