I had a fun thought the other day: Why is it that Keynesian shills like Paul Krugman usually don’t like Modern Monetary Theory?
After all, both of them promote the same irresponsible and destructive policies of massive government spending and interference with the market…
My theory: Krugman hates MMT because MMT is so ignorant and simplistic that even politicians can parrot its tautologies-turned-arguments.
This leaves Krugman and his ilk out on the curb, which is why he doesn’t like it.
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