• MNByChoice@midwest.social
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    2 months ago

    Thought MMT was recently disproved.

    No sources. Thought the recent inflation showed it to not model things. It would be great if MMT worked though.

    • davel [he/him]@lemmy.ml
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      2 months ago

      MMT isn’t a tool for modeling all of inflation’s factors. It’s simply a description of how sovereign fiat money works. Some people mistakenly (or knowingly, for disparagement or promotion) attribute things to MMT that it just isn’t.