ITE - MMT's True Colors Appear
Modern Monetary Theory, aka MMT, has hit the mainstream, and some Liberal politicians like AOC are giving it full-throated endorsements. I need to stop playing Mr. Politically Correct with this idea - it is dangerous, and we need to start saying that outright.
Now, I've been generally fair over the years. I was very critical of Conservative Austrian style economics for years when they were pushing the narratives about how QE would bankrupt us and cause hyperinflation. If anything, I've probably leaned closer to the Left than anywhere else over the last 10 years because