Comment on Modern Monetary Theory: Musk Edition
Yeller_king@reddthat.com 6 days ago
It works if you pull money out of the economy and retire it with taxation.
Comment on Modern Monetary Theory: Musk Edition
Yeller_king@reddthat.com 6 days ago
It works if you pull money out of the economy and retire it with taxation.
UnderpantsWeevil@lemmy.world 6 days ago
That definitely helps. Although still have to contend with money velocity, which is why you need to adjust the prime interest rate on new debt