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Under MMT, taxation is used to control behavior.

Posted on: January 7, 2020 at 13:46:40 CT
TigerMatt MISS
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There is also this stupid idea...

"MMT stresses that the private sector would have no fiat money to spend if government had not issued sufficient quantities in the first place. This is obviously true,"

This is a dumb point. Private sector money would still be created without government... cryptocurrency for example.
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     If I recall correctly it was Rothbard who held that money - miz_zou MU - 1/7 13:34:20
     Pffft.... MMT - TigerMatt STL - 1/7 13:17:32
          that's scary (nm) - ashtray UF - 1/7 13:18:56
               Under MMT, taxation is used to control behavior. - TigerMatt STL - 1/7 13:46:40
                    Yeah, it would be almost impossible to control (nm) - pickle MU - 1/7 14:04:12




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