this post was submitted on 06 Feb 2024
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United States | News & Politics

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[–] yogthos@lemmy.ml 0 points 2 years ago

MMT has basically been the dogma that all western mainstream economists subscribe to. Every time there's an economic crash, which happens roughly once a decade, more currency is issued to keep financial institutions afloat. We're now starting to see the results of this policy manifest themselves all around us.