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2026-02-25 20:31:46 UTC
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Turd Flinging Monkey on Nostr: nprofile1q…7kjjw That's just MMT. The idea that printing doesn't matter and that ...

That's just MMT. The idea that printing doesn't matter and that countries will need dollars because of debt assumes countries have no alternatives. They do, it's called BRICS, China specifically.
https://www.bloomberg.com/news/articles/2026-02-02/yuan-for-dollar-swap-helps-kenya-trim-debt-costs-by-167-million

It turns out money printing DOES matter.