Saturday, February 18, 2012

Winterspeak — "MMT is not Monetarism"


Interfluidity claims that monetarism shares more with MMT than we all think. 
[SRW] "I think MMTers, market monetarists, and Keynesians have almost everything in common other than tribe and affiliation." 
He then goes on to recommend a pro-cyclical inflation indexed government savings account. Crazy.
When seeing these hare-brained schemes, I always wonder just what problem SRW is trying to solve. There must be some policy reason I'm not seeing for complicated, rube-goldberg, counter-productive ideas.
Read it at Winterspeak.com
MMT is not Monetarism
by Winterspeak

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