Doug Casey Destroys The Modern Monetary Theory Miasma

“MMT is an economic theory which essentially argues that the U.S. government wouldn’t need to collect taxes or borrow money to finance spending. It could simply print more money if necessary.

Now, this concept isn’t new. It’s been around for decades. But its popularity has skyrocketed, thanks to endorsements from Democratic presidential candidate Bernie Sanders and Congresswoman Alexandria Ocasio-Cortez (AOC), the new rising star of the Democratic Party.”

https://www.zerohedge.com/news/2019-03-17/doug-casey-destroys-modern-monetary-theory-miasma