Emil Huth @emilhth.bsky.social · 10/03/2025What amazes me about MMTers is how they think to have solved the "fiscal constraint" problem, while completely ignoring the Global South perspective. Seems to be mainly about claiming one was right. Stating that no other views can accurately describe fiscal constraints puts the cherry on top. 331
Leon Heckmann @leon-heckmann.de · 10/03/2025I tried to pin their point down and put it into the context of the GCH. MMT openly ignores limitations of fx markets as it assumes that they will be always there for any amount of exchange. That's, imho, the deeper issue behind imported inflation. 000