Everyone, apparently is an MMTer now. But from what they say we know that is not the case. And just as this cohort swing to save face in what is a glaringly obvious empirical rejection of all the mainstream predictions and theoretical constructs, they will swing again and start talking about ‘budget repair’ and ‘inflation’ and ‘debt burdens on our grandchildren’ when the dust settles and the elites push to regain their dominant position.
Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort Read Here Ben Bernanke Dollar by Gage Skidmore
Divisions are growing between member-states over the size of the European Commission’s budget, which affects Ukraine funding and more. Read the article HERE.