Monday, August 5, 2019

Everything You Wanted to Know about Modern Money Theory - Bloomberg interviews Randall Wray



One observation worth repeating: Government mobilized 50% of the economy to deal with World War II. By Modern Money Theorists' calculation, only 5% of the economy would be needed for the Green New Deal.

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A little economic context

  pic.twitter.com/nMlYruKB51 — NO CONTEXT HUMANS (@HumansNoContext) January 9, 2026