Comment by 40acres

MMT going mainstream is valuable because it's charging the conversation about what we really should be worried about in terms of fiscal policy. And the answer is inflation, if you want to know why we are still adding 200,000 jobs a year 10 years into our economic recovery it's because the Fed was too scared of inflation to signal that long term interest rates would remain low. The Fed should probably raise their target interest rate, especially if we are going to invest in green technology to mitigate climate change.