A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.

  • Plebcouncilman@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    0
    arrow-down
    4
    ·
    edit-2
    4 days ago

    You do not understand MMT.

    Edit: The reason I say that is because MMT basically says the opposite of what you just wrote there. A Government that mints their own currency doesn’t need to take any loans to spend money, all they have to do is print more money.