Bill Mitchell: The last week in Britain demonstrates key MMT propositions

There are all sorts of characters out there who seek out the flimiest reason to denigrate MMT.

They usually posit a fictional version of MMT and compare it to the real world saying ‘see MMT is ridiculous’.

That is going on at present.

I think these characters are deeply insecure.

The last week in Britain does not invalidate MMT.

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