[!@#$%!]

right, the idea is that deficits don’t matter

but i am not sure how long that can go on

krugman isn’t too sure either...

it did not work for third world countries in the past century because the cost of servicing the debt was too high

although that was in foreign debt not local currency

maybe the usa has achieved virtual reality. or world monopoly.

but mmt sort of presumes no currency exchanges. no? which is not the case of our reality.

but still... im not an economist, and this shit is like quantum theory or something