https://youtu.be/Xac2a6jNQJU https://youtu.be/YEyb5A7GNzg For when you can, these videos are lengthy but fortunately not visually artistically, so you can enjoy listening to them while doing something else, if needed. Am I being too skeptical of this concept? Why is the left (as in the real left) falling in love with this, and why is even Trump himself toying with this concept (or perhaps a version of his own)? I feel, though it sounds good to a certain extent even in practice,(I really would rather be living in an economy using this theory than the one we're in); I feel that it seems to me it'd be like a very large Band-Aid, but still a Band-Aid nonetheless to the economy as it stands. I feel that while we are still in a system where surpluses are still having to be generated for the efficiency of profits, MMT or no MMT, collapse after collapse we will see. Is it too utopian to imagine an MMT transition into a Time Banking/Service Exchange Cooperative Economy? Thank you!
MMT Modern Money Theory, its pros and cons. Why and/or why not?
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