UnderpantsWeevil@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 5 days agoModern Monetary Theory: Musk Editionlemmy.worldimagemessage-square88linkfedilinkarrow-up1401arrow-down15file-text
arrow-up1396arrow-down1imageModern Monetary Theory: Musk Editionlemmy.worldUnderpantsWeevil@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish · 5 days agomessage-square88linkfedilinkfile-text
minus-squareYeller_king@reddthat.comlinkfedilinkarrow-up6·5 days agoIt works if you pull money out of the economy and retire it with taxation.
minus-squareUnderpantsWeevil@lemmy.worldOPlinkfedilinkEnglisharrow-up4·5 days agoThat definitely helps. Although still have to contend with money velocity, which is why you need to adjust the prime interest rate on new debt
It works if you pull money out of the economy and retire it with taxation.
That definitely helps. Although still have to contend with money velocity, which is why you need to adjust the prime interest rate on new debt