What if the government doesn’t have to pay back what it borrows, now or ever? This is the provocative thesis of an unorthodox economic theory that is rapidly gaining credence on the political left called modern monetary theory, or MMT.
January 10, 2019
Don’t Be So Sure Hyperinflation Can’t Hit the U.S.
[Delusions are often functional. This particular delusion will give the political left a good shot at gaining absolute power over and destroying the United States.
Prepare for a civil war and/or buy gold and secure it in some other country.—Joe]