Loukas (They/Them) 🏳️⚧️ on Nostr: so...the Treasury ends up underwriting the pension funds in the hope that the few ...
so...the Treasury ends up underwriting the pension funds in the hope that the few times they fail will be outweighed by the boost in investment and economic growth? This sounds like MMT with extra steps ;) Or they could force the companies to eat all the failures and make it a low-fat Meidner plan!