Friday, December 23, 2011
We WON!!! MMT got everything right...EVERYTHING!!!
Modern Monetary Theory (MMT) scored a knockout this year, correctly predicting all the major economic events and their outcomes.
From the downgrade of the US credit rating and the resulting interest rate decline, to the lack of hyperinflation from QE, to the increase in deficits in Eurozone countries imposing austerity, MMT had it all right...EVERYTHING.
The other guys have egg all over their face and continue to look like ignorant fools.