“MMT depends on governments having self control. Anyone else on here feel confident that any government would ever choose to stop printing money given a fee hand with no outside influences staying stop?”
This sums up the problem, the imperative to win votes by using tax and social policies to get elected, when”outside influences” limit borrowing it is too late because borrowing costs are unaffordable.
There is no solution because all parties will do it, who benefits?, the wealthy who lend to both government and consumers.
Good Morning Friday 3rd July 2026
