‘I Don’t Get It’: Biden’s Chief Econ Advisor Struggles To Explain Theory Underpinning ‘Bidenomics,’ Mass Spending
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Editors’ Note: At Prickly Pear, we noted the influence of Modern Monetary Theory early on. It is dangerous, it is foolish, it is very inflationary. Worse than not knowing how to explain it is the adoption of these policies in Bidenonmics. The government either crowds out private borrowers by excessive borrowing, or it pays for […]