▲ 398 ▼ Modern Monetary Theory: Musk Edition (lemmy.world) submitted 3 days ago by UnderpantsWeevil@lemmy.world to c/lemmyshitpost@lemmy.world 88 comments fedilink hide all child comments https://gizmodo.com/elon-musk-economist-interview-2000790016
[–] Yeller_king@reddthat.com 6 points 3 days ago (1 child) It works if you pull money out of the economy and retire it with taxation. permalink fedilink source hideshow 2 child comments replies: [–] UnderpantsWeevil@lemmy.world [S] 4 points 3 days ago That definitely helps. Although still have to contend with money velocity, which is why you need to adjust the prime interest rate on new debt permalink fedilink source parent
[–] UnderpantsWeevil@lemmy.world [S] 4 points 3 days ago That definitely helps. Although still have to contend with money velocity, which is why you need to adjust the prime interest rate on new debt permalink fedilink source parent
