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The UK Energy Crisis: An MMT Analysis

2 pointsby coxmichaelalmost 3 years ago

1 comment

h2odragonalmost 3 years ago
&gt; An MMT analysis shows that we need gas demand suppression, or we need to transfer that gas demand suppression overseas by strengthening Sterling and pray markets continue to sell and supply to the highest bidder when the crunch comes.<p>I&#x27;m sure that will work just as well as the previous hits, &quot;printing money and spending wont cause inflation&quot; and &quot;we can print our way out of inflation&quot;<p>Whose demand do you suppress, exactly, and how? The folks who can&#x27;t afford heat already aren&#x27;t going to thank you for making it more expensive.
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