The Transylvania Times -

Fake Economics

 

May 20, 2019



A specter is haunting the American political landscape, specter of Modern Monetary Theory or MMT for short.

I’m nearly 60 years old, and as far back as I can remember, Democratic and Republican leaders have agreed that the “boogeyman” national debt clock poses a clear and present danger to our American way. Both parties have done a fantastic job of keeping us on the edge, in fear of the day when the “chickens come home to roost,” regarding our ballooning national debt. The reality, however, is our debt clock is in excess of $22 trillion, yet our economy is booming, with inflati...



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