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The Something Awful Forums > Discussion > Debate & Discussion > Do We Need To ""Pay For" Federal Programs? Talking Modern Monetary Theory
 
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Nah!!
Jan 5, 2009

 How wrong is the impression that the main difference between MMT and how we do things now is that with MMT no one is wasting time asking "how will we pay for that?" Right now the excuse for blocking things like M4A or free college is basically imagining some coffer somewhere in the Fed that's going to run out. In, like, super simple terms, MMT seems like it's just acknowledging that things don't work like that, and so we'll just go ahead and do those things and then raise taxes to offset the inflation from the flood of cash.

* # ¿ Jan 28, 2019 03:01
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The Something Awful Forums > Discussion > Debate & Discussion > Do We Need To ""Pay For" Federal Programs? Talking Modern Monetary Theory