![]() ![]() I didn't assume I'd need to agree with everything - that was not the point. ![]() I had expectations that this book will provide a lot of "food for thought". The author has repeated the difference between household budget mgmt & national budget mgmt 1000 times, but once she had to mention the impact of issuing the currency on inflation, she was always flying through the topics & never covering it in-depth ("just look at the unemployment level and things will be OK") - it's naive, it's an oversimplification and again - it feels like she treats readers as complete morons I had the impression that all the remaining chapters were doing nothing but reiterating what was already said earlier.ģ. The initial 2 (or so) chapters were successful in presenting (in a very approachable way) the basics of fiscal policies, the role of taxation & why being a currency issuer is a game-changer. Honestly, it felt like the author treats readers like idiots.Ģ. The rhetorics are purely "American style" - which means: "if you repeat something 100 times, readers will treat it as truth, if you don't, they will forget it". I have a few significant problems with "The Deficit Myth":ġ. (a reminder: I'm NOT rating the MMT, but the book about MMT - there's a huge difference between these two) ![]()
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