Modern monetary theory makes no sense to me.

in mmt •  3 years ago 

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If modern monetary theory is real, and it truly doesn't matter how much money government prints/creates out of thin air... then...

Why do we pay tax to the federal government?

For THEM, money is unlimited.

For us, it is seriously, permanently, definitely a limited commodity in our lives, one we have to give the limited hours of our lives to earn.

But government can print ANYTHING and spend it, and they say there are no consequences to doing this.

Why can't they just print all they need and leave us OUT OF IT?

Asking for a couple hundred million friends.

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