Talk:Everything bubble

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MMT[edit]

The opening of this article, at least with regards to MMT, is very confused. It says the following:

The term is related to the Fed put, being the tools of direct and indirect quantitative easing that the Fed used to execute the monetary easing, and to modern monetary theory, which advocates the use of such tools, even in non-crisis periods, to create economic growth through asset price inflation

So we have two claims about MMT: 1) That MMT supports QE, and 2) that MMT's growth mechanism is via asset price inflation.

It backs this up with a citation to the book The Everything Bubble: The Endgame For Central Bank Policy; however, I'm unable to access this book to check it. But if we check other sources on MMT, like from its advocates[1][2] or even just its own Wikipedia page, we can see both that MMTers are skeptical of QE, and believe the growth mechanism is the traditional Keynesian one of demand, not asset prices.

So unless someone is able to access that boo, I think this article needs to be changed or altered wrt MMT. 2A00:23C4:6B13:D801:74E6:442C:343B:D49F (talk) 19:25, 15 May 2023 (UTC)[reply]

When I read above that “MMT supports QE” is considered a “claim”, I stopped reading any more. Please, no more “the sky is not blue” arguments. QE is a (if not the) core tool of MMT. 31.187.2.80 (talk) 15:36, 17 May 2023 (UTC)[reply]