At the core of Modern Monetary Theory (MMT) lies the implicit premise that the acquisition of money represents an end in itself. MMT bases its argument on what some people refer to as a “missing premise.” They present a proposition that contains an unstated premise that they assume everyone accepts. Give people more money, created out … Continue reading Dangers of Modern Monetary Theory
Category: Socialism
Socialism seems to have gained credibility amongst a new and seemingly growing percent of the population. Socialism creates an extremely dangerous form of government intervention We need to learn about it in order to stop it.