MMT is like taking the current system and adding even more government spending and regulation and trying to put a band-aid over everyone instead of decentralising things and allowing local economies to find their own equilibrium. It's a ploy for more control and its not going to work, it will be quicker to collapse than this fake economy we have now.
I would stay far clear of MMT but if countries do vote for it, ill be there to watch it crash and burn saying I told you so
Dear @chekohler
I appreciate your valuable comment. I've noticed that you posted about negative interest rates - cool. Will read it asap.
ps.
I seriously wonder how MMT would deal with inflation (losing fiat currency value). After all inflation is nothing but 'hidden tax', that can destroy economy and businesses. Just like tsunami would.
Also Im curious how countries following MMT monetary system would deal financially with those who stick to traditional/current ways. Something would surely have to change.
Yours, Piotr