@TCatInReality @Npars01 @Crispius @GottaLaff
MMT describes how the monetary system of the currency sovereign work. Full stop. Monetary inflation only occurs when the government adds money to an economy at full employment. And I will stress here there are many Sources of inflation, such as profiteering that have nothing to do with the amount of money in the economy.
The federal government funds the federal government, not taxes. Debt ceiling doesn’t matter. It doesn’t change where $ comes from