MMT is wrong because the original observation is wrong.
The original observation is that money is not scarce for the government as they can print as much as they want.
That's wrong because reality is a zero sum game.
Each dollar they print steals money from people who have already earned and saved dollars.
Its just theft, not a victimless crime.
With each new dollar is a new theft.
The original observation is that money is not scarce for the government as they can print as much as they want.
That's wrong because reality is a zero sum game.
Each dollar they print steals money from people who have already earned and saved dollars.
Its just theft, not a victimless crime.
With each new dollar is a new theft.
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