Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago
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Comments by "Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago" (@YourCapybaraAmigo_17yrsago) on "INCREDIBLE Activist Living in Car in D.C. to Protest Corrupt Politicians" video.
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To me it's simple. Maybe I'm simplifying it too much, but the way I see it, it just means that the federal government can print and mint as much money as it goddamn wants. And if by some determination they feel there's too much money circulation, they can choose to tax back whatever they decide. But what is keeping the federal government from printing and minting 2 , 3, 4, 5, 10 times as much as they're printing right now? For whatever purpose? Hopefully for the general good but for any purpose? we've been sold a bill of goods for so fucking long that says oh if you print too much money it'll cause XYZ to happen, usually referring to inflation. I don't believe that and that's what it sounds like MMT is saying to me. If I have any of this wrong in whole or in part, anybody may freely step forward to correct me, but I think that's the gist of it and that's how I understand it.
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