An Economics 101 student should be able to diagram their first week why this is destined to fail. While getting my Finance degree in college and observing decades of financial history, I can’t think of a more insanely stupid economic policy than the now world dominant Modern Monetary Theory, which essentially says it doesn’t matter how much governments spend since they can just inflate their currencies indefinitely to cover it. This is perhaps the biggest reason inflation is prevalent around the world.
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