this post was submitted on 23 Jan 2025
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United States | News & Politics

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[–] Garibaldee@lemm.ee 1 points 1 week ago (1 children)

Everyone in the US is affected, regardless of whether they pay federal taxes, or how much. Not only “taxpayers” are affected. US federal taxes pay for literally nothing. Not figuratively: literally.

Regardless of whether I agree with MMT this is a much more useful thing to do vs linking two posts with no explanation

And fyi I have engaged with MMT enough to know I disagree with it, I have read Michael Hudson and engaged with podcasts with people who subscribe to it.

[–] davel@lemmy.ml 2 points 1 week ago (1 children)

Okay. If MMT is wrong about how fiat money works, then how does it work?

[–] Garibaldee@lemm.ee 1 points 1 week ago

I have better things to do with my time, then debate MMT on lemmy, or debate on lemmy in general.