Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Quantitative tightening denies us the investment we need" video.

You need to say Richard that whether the government uses MMT or QE/QT to deal with crises there also has to be the means of removing that excess money from the economy, or the value of the money spent will deflate the value of money already in circulation. Indeed, I think the Danish avoided that issue, largely by mostly lending money rather than handing it out willy nilly, or borrowing from the financial markets. And they taxed the profits made adequately too. Much like after pumpling tons of water into a structure on fire, after you put the fire out, the excess water remaining in it has to be removed, so it can become habitable once again. Government by borrowing from financial markets to fund their spending and not taxing the profits generated are failing to remove it. It's staying in the economy and devaluing the value of the currency. Governments only borrow to create wealth, but in choosing to borrow and not tax the commercial profits in that they are both devaluing the currency and encouraging malinvestment. Thus the economic growth they're all going on about will do little constructive in the real economy - the one that produces real jobs and real wages. The speculative economy will be fine.
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Almost every central bank is going to have to cut interest rates because their all refusing to tax the capital gains of the asset wealthy, i.e. commercial "investors" who hoard wealth by buying more financial assets instead of investing it into the real economy. They're not investing in assets that produce jobs for the asset-limited workers.
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