Let's quickly dip into Modern Monetary Theory (MMT), using "The Deficit Myth" by economist Dr. Stephanie Kelton. In the book, she gives this general definition:
The question the RW fucks hang us with every time.
It all sounds Great!! Free Health Care, Free College, Free this and Free that!
Happy days here again - break out the champagne!
But how are you Libtards going to PAY for it??!
I just read two longish articles that everyone needs to add to their reference library: one by Michael Hudson that puts his Debt Jubilee work into today's context; and an amazing summary of how Modern Monetary Theory (MMT) actually explains today's economy, while neoclassical economics is utter bullshit that keeps the parasitic financial capitalists in charge.
