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G L
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Comments by "G L" (@gelinrefira) on "Economist warns Modern Monetary Theory is dangerous" video.
She is not even practicing subjective morality. She is trying to turn an terrible thing into a virtue.
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@timpellemeier587 that's so stupid that I'm not sure how to rebut you. Debts is not the terrible part, it is trying to turn national debt into a "commodity" that MMT is trying to do so that the UAS empire can borrow endlessly, is the terrible thing.
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@neolithictransitrevolution427 And the point that USians want to ignore is that making their debts a commodity allowed them to create a USD recycling system that sucks up the value produced by other countries. It is why the UAS government can deficit spend without much consequence, an exorbitant privilege of the USD system. The USians stole from everyone with this system and when someone don't want to do it anymore they suddenly get struck by "freedom and democracy". Until China camer along. That's the point.
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