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by _7fvc 2651 days ago
We've already started MMT since 2008. The scary thing: it's been working well.
2 comments
chombier 2651 days ago
MMT without job guarantee is not quite MMT.
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_7fvc 2651 days ago
As far as I understand, MMT wants to optimize for full employment. Job guarantee is a possible implementation. We're at 4% unemployment rate. You can say we have full employment per the current standard.
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ThirdFoundation 2651 days ago
Do you mean in terms of spending?
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