Viewing profile — throwaway34903

The parent comment isn't saying MMT is true or false. They are just saying MMT is a theory of how the economy operates (descriptive). _If_ you take it as true then here are things …

By zero screen time do you just mean no phones / tablets / interactive screen use? Or are you including TV / movies etc. If it's the latter I think you might be over attributing yo…

Sure in the spirit it's an unrealized gain but wouldn't the tax man consider it a realized $500K capital gain? seemingly this is would be the more appropriate way of categorizing i…

> All value is derived from labor... all (sensible) economists agree on this The labor theory of value is one of multiple theories of values [1]. And it is still widely debated. > …

For what it's worth Pettis thinks tariffs would be beneficial for the American economy: https://www.foreignaffairs.com/united-states/how-tariffs-can...