Warren Davidson 🇺🇸

@WarrenDavidson ↗

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Last Checked April 3, 2023

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Tue Mar 14 13:40:23 +0000 2023

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Warren Davidson 🇺🇸 @WarrenDavidson

To the proponents of Modern Monetary Theory (MMT) deficits no longer matter. Simply “print” more money. MMT is simply catchy marketing for an old idea – debasing the currency. — PolitiTweet.org

Posted March 14, 2023

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Warren Davidson 🇺🇸 @WarrenDavidson

Perhaps the most popular—and bipartisan—myth is that deficits do not matter. Proponents claim that the government can continue to spend beyond its means without consequence because the government can simply print money to make up the difference. This claim is simply untrue. — PolitiTweet.org

Posted March 14, 2023

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Warren Davidson 🇺🇸 @WarrenDavidson

The Romans, for example, started clipping the coins and depositing the stolen value in their Treasury while pretending the coins held the same value for citizens. In that case, the theft was more obvious, but having recently completed a trail run of this false idea in response to… — PolitiTweet.org

Posted March 14, 2023