Post #3685608

”Government #spending is unsustainable!” ”Our models show exponential increase of interest payments and government bankcruptcy in 20 years!” Yeah, but your models are wrong. They’re are taught in every economic textbook, but are still wrong. They’re taught in Econ 101, because that serves the very powerful. With these models, they can always blame the government when something goes wrong. With these models, the answer to every financial crisis is #austerity https://youtube.com/watch?v=28Gf4f-hIUc #MMT