MMT(モダンマネタリーセオリー)at ECONOMICS
MMT(モダンマネタリーセオリー)
- 暇つぶし2ch354:fee.org/articles/modern-monetary-theory-is-a-recipe-for-hyperinflation/ … In an interview with NPR, Kelton likens the economy to a sink. The money supply is like water flowing from the faucet, which, in the MMT world, is spending. If there’s too much water, the sink overflows (inflation), but have no fear: the government’s ability to tax is like the drain. As long as money flowing in from the faucet is balanced by money flowing out through the drain, there’s no inflation. The result is limitless funding with no downside. If you think that’s too good to be true, you’re right. Once you’ve considered actual incentives, it’s clear that implementing Modern Monetary Theory doesn’t avoid the (hyper)inflation problem at all.
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