1/ "Printing money" does not cause inflation.
[#LearnMMT thread v.1]
@John_T_Harvey, professor of economics at Texas Christian University (@TCU) as The Cowboy Economist:
2/ "Printing money" does not cause inflation. @John_T_Harvey: forbes.com/sites/johnthar…
3/ "Printing money" does not cause inflation. @billy_blog, professor in economics at the University of Newcastle, NSW, Australia. bilbo.economicoutlook.net/blog/?p=13834
👆Printing💰does not cause inflation. From Mat Forstater’s (@mattybram) 1999 "Functional Finance & Full Employment: Lessons from Lerner for Today?” (levyinstitute.org/publications/f…):
“The printing of money is not an instrument of policy. It is only a servant of these policies...”👇
👆Besides, #MMT is *really* not about "printing money."👇
👆Besides, very few of us even understand what inflation really is.
/end
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