Comments by "C_R_O_M__________" (@C_R_O_M________) on "Modern Monetary Theory? How About...End The Fed!" video.

Allow me an extra point: Throughout the years of studying economics and economic theories, I came to the realization that pulling levers to create artificial demand and supply could be seen as destruction of (past) value. Not only in terms of inflation but as the (artificial) destruction of value of older products and services that, haven't those levers been pulled, they'd still contain lots of utility in them. MMT, Neo-Keynesianism and monetarism are essentially able to induce environmental decay via the encouragement for hyper-consumerism (which is one of the primary reasons of pollution for it creates trash - literally and metaphorically (quality-wise)) with their artificial increase of the rate of replacement of still useful products and services of past production. Inflation of an economy should not be seen as equal to thoughtful and prudent growth. The balloon should be also increasing in (wall) thickness as it inflates or it'll burst as its thinning walls cannot withstand the rapid inflation of monetary manipulation. Money trees, especially in the hands of central planners (who created a scandalous monopoly for themselves) are a curse not a blessing. P.S. It is a big truth that the major contributor for deflation is the rapid technological advances and innovations.
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@Mythhammer No, I wasn't, but it makes sense for the government to withhold certain information secret for security purposes. Having said that, I can also see the dangers of that. These are very complicated and difficult problems to handle.
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