Dalio goes full retard, likes MMT

[sle]

MMT is socialism for the connected.

It's not. It is simply a model that allows for various interesting approaches to managing money at macro scale, such as using fiscal policy as JIT economic tool.

 

[nooby_mcnoob]

It's not. It is simply a model that allows for various interesting approaches to managing money at macro scale, such as using fiscal policy as JIT economic tool.

Who gets the new money first? It's the people connected to the government. I'd be fine if created money went directly to the bank accounts of the people.

 

[zdreg]

"socialism for the rich. capitalism for the poor."

 

[sle]

Who gets the new money first? It's the people connected to the government.

Dude, it's true right now. That's not MMT, that's TCC.

 

[nooby_mcnoob]

Dude, it's true right now. That's not MMT, that's TCC.

I KNOW! It will always be true. Like I said earlier, the advantage of all this type of a discussion in the public sphere is people can pick and choose the parts that benefit them, resulting in a frankenstein of a system that works worse than before for the very people it's "supposed" to benefit

What is TCC?

 

[sle]

What is TCC?

Trumps Crony Capitalism

PS. It was OCC before 2017, I think

 

[Frederick Foresight]

What causes recessions? Lack of growth in metrics that matter only to economists.

What I say is irrelevant.

 

[nooby_mcnoob]

Please stop. I get it, you don't like Trump.

 

[Frederick Foresight]

Please stop. I get it, you don't like Trump.

And I get it, you like Trump because his hands are so small they're almost invisible.

 

[piezoe]

That's real socialism. I'm talking about "take this, gtfo, don't fuck it up"



I agree, I'm not talking about MMT. MMT is socialism for the connected.

If you and zdreg want to express informed opinions in regard to MMT, which is like having an opinion on "Fiat money Theory." Wouldn't it be worthwhile to learn something about it first?!