Kevin Putzier
1 min readSep 22, 2021

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I sounds like you're describing MMT there, and I'm not as well versed in it as I would like to be.

That being said, I agree with you, but the taxation does have a part to play, even under MMT. It essentially is a hedge against inflation.

This article was mainly a short polemic against an idiotic argument that often goes unchallenged: That raising marginal taxes on the rich has some direct effect on those who don't even dare dream of reaching that level of power. I intend to go in to a LOT more detail on that in the future, because it's an effective logical fallacy that the far right and middle right in the US use a LOT to scare people away from progressive policies that they might otherwise support.

In the USA, I'm pretty radically to the left. Most everywhere else, I'd probably be considered a moderate conservative.

Go figure...

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Kevin Putzier
Kevin Putzier

Written by Kevin Putzier

I am a practicalist, which means I take political and social ideas from all sides and try to find what works. Mostly Progressive.

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