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Arthur Williams's avatar

I'm a big fan of your work; keep it up. That said, I don't think that you do justice to your perspective with your G-T analysis. Bond purchase removes money from the economy. In fact, it removes an amount closely correlated with G-T. Deficits are not necessarily inflationary; whether they are financed by borrowing or printing makes all the difference.

Keep up the great work, Art Williams

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Simone Guttiarg's avatar

Mmt works for advanced productive economies. Not for developing economies. Because everyone keeps taking about usa deficient. So it is a highly discriminatory police making USA the dominant economy.

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