[trescenzi]

Yea the covid money printing is regularly pointed to as a reason why MMT is clearly bad but that ignores that there’s literally a solution to this problem in MMT. Raise taxes to reclaim the money. It’s a trivial solution which is sadly politically incredibly challenging.

[triceratops]

> Raise taxes to reclaim the money

Only works if the government doesn't turn around and spend the money. And feeding dollar bills into a furnace just looks bad.

[guywithahat]

What a horribly dystopian thing to say

[trescenzi]

Huh what is dystopian about that? I’m just referencing how MMT prescribes to solve for inflation and the reality that it’s hard in a democracy to raise taxes.