Fox@pawb.socialtopolitics @lemmy.world•Congress unveils $1.2 trillion plan to avert federal shutdown and bring budget fight to a close
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8 months agoUnspent / uninvested money might as well be on Mars. When the government hands out money, it soaks into physical goods and equities and drives their prices up. This is exactly what has happened over the past five years with “emergency” spending.
Money creation is not value creation
Also MMT is a failure, and if you think Keynesianism is the path forward after what we all just witnessed, you should be embarrassed