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Thanks for your input. You have been predicting an imminent collapse for some time, and we have all been surprised at how far those in power have been able to continue to kick the can down the road.
Would MMT allow the government to kick the can down the road even further, perhaps for many more years, or does your timeline remain the same?
When you say the “run, don’t walk” option, where are we to run to?
Thanks for your thoughtful responses.
Can you help me with one other question? I don’t yet understand how interest rates are set. Does the Fed have total control over rates, or can the market force rates higher, even when the Fed has them set low?
Here is a good MMT blog post:
Stephanie Kelton video:
Will you please discuss Modern Monetary Theory, which is gaining traction especially among the Democratic Socialist movement? Stephanie Kelton appears to be the face of the MMT movement. Is what they say valid? They essentially think that printing massive amounts of money is a good thing and can go on forever without consequence.
Can someone please explain how interest rates rise and fall? How much control does the fed have, and how much is market forces? Can the market dictate rates, or is the Fed always in control?
Is there a reputable website you can recommend to help get started? Also, for hardware storage do you prefer the Ledger Nanos to others? I looked at the KeepKey website, they look very nice and wondering which is the best hardware wallet?
Thanks, which exchange do you recommend I open an account at?
Great post. I don't own any cryptocurrencies, can you guide me to where I can learn how to best get set up? I've read a lot of articles, but haven't pulled the trigger yet.