Timeline for Does Modern Monetary Theory (MMT) provide a useful insight into how to manage the economy?
Current License: CC BY-SA 4.0
11 events
when toggle format | what | by | license | comment | |
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S Aug 5, 2021 at 19:14 | history | suggested | SQB | CC BY-SA 4.0 |
Incorporated link in text instead of showing bare link
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Aug 5, 2021 at 11:38 | review | Suggested edits | |||
S Aug 5, 2021 at 19:14 | |||||
Feb 21, 2021 at 14:21 | comment | added | Slarty | No doubt I have worded the question badly; however, I meant that excess wealth could build up in savings of those already better off, gold bullion, bit coins and other liquid or relatively liquid but non-circulating assets that given the right circumstances might be released back into the consumer side of the economy suddenly causing a wave of inflation. Presumably economist think they know in general terms where all of the "printed" money actual is or has ended up so this is not an issue (bank reserves?). So perhaps such “areas of the economy” are not a concern as they are not large enough. | |
Feb 21, 2021 at 5:31 | history | became hot network question | |||
Feb 21, 2021 at 2:28 | comment | added | Brian Romanchuk | I gave you an answer, which discusses the body of your text. The title is too grandiose and open ended, and invites opinion-based answers. Your question is really about how MMT relates money supply to inflation (which it doesn’t). I would cut down the question to be something like “How does MMT view the relationship between mobey and inflation.” | |
Feb 21, 2021 at 2:25 | answer | added | Brian Romanchuk | timeline score: 2 | |
Feb 20, 2021 at 23:47 | answer | added | 1muflon1♦ | timeline score: 7 | |
Feb 20, 2021 at 23:37 | comment | added | Slarty | @Brian Romanchuk, I'm certainly not an expert so I probably haven't phrased it very well. If you could elaborate I will see if I can improve the question. I'm slightly confused as I was under the impression that money printing causes or can cause inflation no? and taxation should reduced it? All other things being equal etc etc. | |
Feb 20, 2021 at 22:36 | comment | added | Brian Romanchuk | I am in the MMT camp, but I fear this question would only generate opinion-based answers. Ideally, it should be re-phrased to be a technical question about MMT. Another issue is that your characterisation about money printing is absolutely counter to MMT views on inflation. Embedding that within the question makes it harder to get a good answer. | |
Feb 20, 2021 at 21:35 | review | First posts | |||
Feb 21, 2021 at 1:53 | |||||
Feb 20, 2021 at 21:30 | history | asked | Slarty | CC BY-SA 4.0 |