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RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system?

in Project HOPE5 years ago

It´s doing the same but with different mechanics.

Another idea of the MMT is reduce taxes to decrease unemployment rates. For companies, salaries are just another cost, and they always try to reduce them to increase income. Reducing taxes won´t change that, so it won´t affect unemployment rates.

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 5 years ago  

I really like to see how responsive you are @ropaga :)