The problem with MMT and Keynesian frameworks is that, if money were always or even typically a product of state decree, there’d be no need to call government currency the name “fiat”, it would be redundant.
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The problem with MMT and Keynesian frameworks is that, if money were always or even typically a product of state decree, there’d be no need to call government currency the name “fiat”, it would be redundant.
No replies yet.