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by chii 1977 days ago
> you create money to pay for things

only your own citizens would accept this money, and if the citizenry cannot "create things" (for example, the country does not have the capital investment to have created machinary/automation or infrastructure), this printing of money is meaningless. MMT is crackpot theory that is lacking imho.

1 comments

Well, you've basically just argued against fiat currency, not MMT specifically. So, shrug emoji?