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A comment on U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says. Parent comment

Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by andrekandre on Sunday March 22, 2020 @06:16PM (#22659247)
maybe something along those lines would be mmt?

https://en.wikipedia.org/wiki/Modern_Monetary_Theory

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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by lordnacho on Sunday March 22, 2020 @06:23PM (#22659314)
That's what I'm alluding to, yes. If there was ever a test of it, this would be it. I guess we see what happens soon.
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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by lonelappde on Sunday March 22, 2020 @07:19PM (#22659735)
MMT is a technical variation on Keynesianism, which is how the US escaped the great depression and stimulated 70 years of near constant growth except during an oil supply crisis. Maybe next time it will be justified on general economic merit.
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