MMT will surely lead to a sovereign debt crisis of the kind we associate with places like Venezuela and Argentina. The difference here is that we're talking about destroying the world reserve currency, which will inevitably lead to another currency taking its place. That will be followed by 30 - 50 percent increases in the price of EVERYTHING. These people simply do NOT understand the forces with which they're playing; when they do, it'll be far too late, and may Almighty God have mercy on us, for no one else will.
Many of them are out there in the gig economy. You see them everyday shopping, driving, delivering, etc. for Uber, Lyft, DoorDash, Instacart, etc. It's not a full explanation, but a partial one.
MMT will surely lead to a sovereign debt crisis of the kind we associate with places like Venezuela and Argentina. The difference here is that we're talking about destroying the world reserve currency, which will inevitably lead to another currency taking its place. That will be followed by 30 - 50 percent increases in the price of EVERYTHING. These people simply do NOT understand the forces with which they're playing; when they do, it'll be far too late, and may Almighty God have mercy on us, for no one else will.
Many of them are out there in the gig economy. You see them everyday shopping, driving, delivering, etc. for Uber, Lyft, DoorDash, Instacart, etc. It's not a full explanation, but a partial one.
We have aborted 60 million potential workers in the past 35 years.
Ironically, that would possibly be 45-50 million Dem voters...