• the_kid@hexbear.net
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    1 year ago

    I don’t get the point of these comments. all I was saying was that MMT describes monetary policies in countries with sovereign currencies.

    then everyone jumps down my throat going “well actually because of imperialism, there are reasons countries don’t have sovereign currencies”. ok? I clearly understand that, just don’t understand what it has to do with MMT. like I said above, MMT is not a politics, I’m not running around condemning Bolivia for not doing MMT. it’s just a helpful description of how monetary policies work in countries with sovereign currencies, that’s all.