Jared A. Brock
Aug 31, 2023

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The major glaring problem with MMT is that they don't communicate clearly. Public debt is a MAJOR problem when it's debt-based and interest-carrying, because then the Fed has to print more to cover the interest payments, which leads to price inflation, which is destroying the poor and middle class.

The better way: print debt-free -> invest solely in commons assets -> tax back and repeat. This would eliminate inflation and send widespread wellbeing soaring. As it stands, purchasing power and wellbeing are cratering, while money-printing and taxation enrich the hyper-elites with interest. Pure evil.

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Jared A. Brock
Jared A. Brock

Written by Jared A. Brock

Read my new myth-busting book on the politics, economics, and philosophy of history's most influential revolutionary: https://agodnamedjosh.com/

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