Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "Modern Monetary Theory Explained - Is MMT Right or Wrong?" video.

Broadly a pretty good video, thank you! 🙏 2 major hints from my side: (1) the QE program was/is not able to directly influence conventional inflation, since no orivate persons really got money from it to spend. But i did cause "inflation" in real estate and stock markets. (2) You might have more pronouced that that inflation-free spending, according to MMT is not limited by issued money as such but by the available ressources such as still available materials and menpower, including machines and the industrial capcities. At least, as long as targets of government spendings are not too much in concurrence for the same ressources as the pr8vate sextor seeks out.
3
@555salt that is maybe why in an ideal world there should be no QE, specifically not buying the stuff on the secondary market. It's just stupid. Fiscal policy should be leading the actions against inflation, targeting the specific causes of the present kind of inflation - no dumb increase of interest rates (potentially leading to more not less inflation as net effect) or QE. However QE did not show any midterm consumer price inflation effects (what is cared about), neither in Europe or Japan, bit right, indirect consequences could hardly be controlled. And obviously prices of stocks and houses around the world rose partly dramatically
1