No. The individual unit of your preferred currency?
Riddle me this: where does money come from?
Sure buddy…
Taxation is necessary to counter overaccumulation
So where is the question?
I think there are flaws and oversimplifications in that statement even before taking into account the planetary boundaries and international development dynamics…
Basically the state can invest without causing inflation by printing money as long as it leads to activating productivity and not to competing with other consumers for goods and services which are at their limits already.
Btw I am not a macro economist by trade the mmt just makes the most sense in comparison to other (neoliberal or classic) models
Have you peeps never heard of modern monetary theory (mmt)? Macroeconomics is not so simple! Most people talking about have the knowledge of a minor in business econ though
Actually good that Trump put that in the world. It might be the last facet of reality that people can share. Red Caps would not believe anybody else characterizing the US as a monarchy but maybe this enables a debate as there is not longer the (or rather as easy of a) possibility to just say “no your initial issue is already not true”.
But then Red Caps often don’t even believe trump has said the things he said, delusion and projection on another level. So eeeeh… shit is probably fucked either way 🙃🤷♂️