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@Hoss @sun
Lol. You don't understand it. I've got a degree in neoclassical econ and let me tell you, MMT is far superior as both a description of actual financial system behavior, and as a predictive theory. MMT is based on accounting identities and studying the way banks actually work. While I was taught banks simply intermediate between savers and borrowers, transferring $ from one to the other, that's not how banks actually work. Talk to a banker if you don't understand.