Re:The Demoralization is just Beginning
by ryandamm on Wednesday March 05, 2025 @11:04AM
(#43268412)
You’re describing Modern Monetary Theory (MMT), or really the parody of it that was popular in discussions online.
Krugman actually generally felt it went too far, and was not a proponent of it.
There is some similarity to his making fun of people worried about “bond vigilantes,” iirc. But I don’t think your characterization of his positions is accurate.
Krugman actually generally felt it went too far, and was not a proponent of it.
There is some similarity to his making fun of people worried about “bond vigilantes,” iirc. But I don’t think your characterization of his positions is accurate.