Economy Guy

Modern Monetary Theory (MMT) and Credit Default Swaps


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In the strong US economy, there exist a few cracks and worries.  MMT is one of them as money printing does not create wealth, nor does it drive the economy.  No one is talking about Credit Default Swaps, but what if?  Buffett makes it clear that the US Government and FED are allowing leveraged speculation, but didn't previously.  Why?  

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Economy GuyBy Tom Harvey

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