Sex & Shenanigans

Some people really just need that helping hand to keep their lives moving forward...
Right? And, some folks are so tragically dumb that there is no use in trying to explain complicated concepts. My sister in law has no idea how the economy works, her answer to everything is "I don't know why they don't just print more money" 🤦‍♀️ she has said this in front of our cousin, who is an economics professor...
 
Right? And, some folks are so tragically dumb that there is no use in trying to explain complicated concepts. My sister in law has no idea how the economy works, her answer to everything is "I don't know why they don't just print more money" 🤦‍♀️ she has said this in front of our cousin, who is an economics professor...
MMT is a real school of thought though. 🤷‍♂️
 
I've always loved the quote that "MMT is the Calvinball of economics." Just change the rules at a whim.
I don’t know enough about it to argue it’s merits but while I think Paul Krugman is an intelligent and thoughtful human being a Nobel Prize winning Economist is still more akin to being a Nobel Prize winning Astrologer than a Nobel Prize Winning Scientist.. Any economist who says they got it right is lying to you if not themselves.
 
I don’t know enough about it to argue it’s merits but while I think Paul Krugman is an intelligent and thoughtful human being a Nobel Prize winning Economist is still more akin to being a Nobel Prize winning Astrologer than a Nobel Prize Winning Scientist.. Any economist who says they got it right is lying to you if not themselves.
https://media1.giphy.com/media/v1.Y2lkPTc5MGI3NjExaDV0bGpsYTQ1dGxpODZvejZtdnRlcjFvOGkyMnM3ZXVqY3JyanhobiZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/3o7btQ0FP8MgS83SPC/giphy.gif
 
I don’t know enough about it to argue it’s merits but while I think Paul Krugman is an intelligent and thoughtful human being a Nobel Prize winning Economist is still more akin to being a Nobel Prize winning Astrologer than a Nobel Prize Winning Scientist.. Any economist who says they got it right is lying to you if not themselves.
So damn funny. I was telling my son this yesterday about Macro Econ. Of course you can predict the future, but only after you pull a bunch of constants out of your ass.
 
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