Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "Modern Monetary Theory: How it Could Answer All Of Our Economic Problems" video.

  1. MMT was never applied yet, it's not equal with dumb money printing
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  2. Your first paragraph is perfectly true. Although there are many countires beside the US that can fully "implement" or rather accept MMT. For less currency sovereign countries much depending on US Dollar e.g., it is much harder but still beneficial. MMT helps to understand what elemental ressources you better keep in your own hands. The second paragraph merely reflects the purposeful misinterpretation of MMT as a kind of gift card printer for everyone. You should not assume that MMT is free of spending limits, it's just other standards like ressources, employable workers, machines and such, and of course still prioritization is essential
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  3. Nah, it's rather simple like Newton. The actual system is making it more complicated than necessary, like pre-Kopernican dogmas
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  4. The only dangerous mistaking in this pretty good video on the MMT is simplifying the cause of the very few know hyperinflations in history to just pri ting more money. This in it self is also wrong, since money printing was only the desperate reaction of the government to increasing inflation expectations, exaggerated price setting and a complete loss of demand for the respective currencies
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  5. ​@pebblepod30 there plenty of experts explaining MMT very well. Need names, podcasts or whatever? 🙏
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