tag:blogger.com,1999:blog-3758330678390419129.post4364933887105982368..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Why the MMT/Green New Deal Alliance Was UnavoidableRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-21459740773843200662019-02-27T14:38:47.182-05:002019-02-27T14:38:47.182-05:00The fact that our "money" is now de fact...The fact that our "money" is now de facto computerized entries does not change its nature as fiat money. A government with enough guns can always have an unlimited supply of fiat money to "spend" and its form is mostly irrelevant. This ability of the government does not alter the laws of economics. It does not abolish the Socialist Calculation Problem, eradicate the need for Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65440215047190856772019-02-27T09:07:15.359-05:002019-02-27T09:07:15.359-05:00Hah! I have encountered such a person in the comme...Hah! I have encountered such a person in the comment section of another site just the other day and he reacted as described here when I challenged his argument. I obviously didn't understand what money is, he said.therevolutionwashttps://www.blogger.com/profile/02499001663119464576noreply@blogger.com