Posted 5/5/2024 16:06 (#10729690 - in reply to #10729535) Subject: RE: Modern Monetary Theory and taxes
S Illinois
Japan’s case wasn’t a debt issue. It was demographics and the limits of an export driven economy. The exact same thing is what is occurring in China. Without domestic demand, continued high economic growth is impossible as places to export good is capped.
Modern Monetary Theory and taxes
