Search results

You're 42! I had you down as at least a decade older.

Sounds like an unmitigated disaster. Is she the first unpopular populist?

Yes.

Why would you say UK citizens are attracted to the use of pounds? All governments with a fiat currency require citizens to pay taxes with said currency, thereby creating a demand. That's not an outlandish concept.

That's a central tenet of MMT.

But they say it's how it works in monetarily sovereign countries with their own fiat currency.

So you had no interest in his response but wanted him to provide it "to raise the bar"? Sure, in an ideal world everyone would provide sources and supporting evidence with every post but that's not likely to happen on a football forum. Some of us have jobs, hobbies and other things to be doing.

The MMT advocates are undoubtedly heterodox thinkers and there are legitimate criticisms of one of their core principles. However, a bit of fresh thinking and challenging the status quo is always a good thing in my book. I recommend reading up on it. It may well not convince you but I'm sure...

WATFORD zero you're smart enough to know your household budget isn't comparable to government finances. Unless you print your own Watford dollars?

I believe Stephanie Kelton has been sceptical in the past about the application of MMT in the eurozone. However, it could be argued that PEPP and the EU Next Gen funds are MMT in action.

My advice didn't help as, presumably, you didn't follow it. I could see what Garfield was getting at so pointed you in the right direction as I had neither the time nor inclination to write a long post about it. A quick skim over the MMT wiki page would've given you the key info including the...

You may have doubts about some of their theories, but to say none of them know what they're talking about is a stretch.

Trawl the internet? Just look at ****ing Wikipedia if it's something you're not familiar with. The onus on me isn't to do anything. I was just trying to help you out :wozza:

I was trying to point you in the right direction so you could understand what he was talking about (well, at least what I thought his point was based in but I may well be wrong). As I'm not advocating the theory myself, I didn't feel the need to type out an explanation. If you'd bothered to...

I'm not BenGarfield, the poster you asked for evidence.

Google Modern Monetary Theory.

That's one of my favourite League of Gentleman scenes.

Librium Liz. Crace's column yesterday was one of his best. Particularly this paragraph: "The problems started when she tried to speak. She still hasn’t learned the basic rhythms of language. Understood the purpose of punctuation. Sentences collided with one another so that any sense was lost...

I thought the Libs had left all the Whig stuff in the past.

I'm starting to think beorhthelm may be right about Hanlon's Razor.