….. and if most MMTers were to understand that taxes and land prices are the real generators of inflation–not high wages and profits–they’d also see the benefit of governments capturing land rent instead of taxing labour and capital (i.e. productivity)!
MMTers and Georgists (Henry George was a greenbacker) have a lot in common, and a lot of educating to do, mainly amongst our political ‘representatives’ who corruptly serve their mates instead of their people.
We’re off to hell in a handbasket, all because of the disinformation served up by lawyers (where are our poets?) and economists, and a mainstream media obviously in their thrall. Their ignorance ain’t our bliss!