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I agree with him. FWIW though I often defer to Bob as he usually steel mans arguments and doesn't tend to take cheap shots. I don't mean I always agree with him but its a pretty safe bet for me to do so in most cases. I've learned a ton from Bob over the years either directly or indirectly through his recommendations on other economists. He does a very good job explaining different sides of views on economics. He's one of the few people that seem to really take MMT seriously and explain why they hold their views while most just mock them. Which is MUCH easier to do.
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Huh, I need to see him steelman MMT. Because when I listen to MMTers themselves, I don't find much positive things to say. Maybe I'm missing something that Bob can point out to me.
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Honestly, its not worth it IMO. Was just trying to think of the best example of him not taking the easy path. I think he had an MMT guy on his show a couple years ago.
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The TLDR of this video though is Ron Paul was right. "Balanced" trade isn't good or bad. It depends. And tariffs aren't magic but better than income tax. Fiat money is more important and hard money would be a better move than what Trump is doing.
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My econ TLDR for almost every political figure is that they don't actually belive in freedom enough. That's the base problem.
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