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Superb presentation!
Late December 2021at 36 billion. So today it would be ??
A 36 billion account sitting on just interest would be on today?
The debate confuses changes in relative prices, caused by scarcity, and inflation which is caused by excess money growth
No one believes in that stuff anymore. Excess money growth? Seriously?
I am not MMT @@philwohlrab7588
@@lprochonROPE if inflation was all bottle necks and oil shortages, where are the rate cuts. Not even Powell is convinced. I mean what is spending 123% of GDP if it isn't MMT?
Superb presentation!
Late December 2021at 36 billion. So today it would be ??
A 36 billion account sitting on just interest would be on today?
The debate confuses changes in relative prices, caused by scarcity, and inflation which is caused by excess money growth
No one believes in that stuff anymore. Excess money growth? Seriously?
I am not MMT @@philwohlrab7588
@@lprochonROPE if inflation was all bottle necks and oil shortages, where are the rate cuts. Not even Powell is convinced. I mean what is spending 123% of GDP if it isn't MMT?