It’s a hard question.
I think that financialization and debt financing in new ways has confused economic textbook facts and theories.
Japan, for example, has pioneered MMT, financing monstrous debt with various forms of quantitative easing. Rather than inflation, strangely, Japan has experienced the…
It’s a difficult question- already oil prices are pressurized by Iran waivers expiring.
Adding Saudi tensions to the mix could be explosive.
Of course it is morally outrageous what is happening in Yemen, and I think the US should withdraw immediately and maybe give Saudi’s other concessions to ease…
I didn’t attribute that quote to Bill Mitchell- I was saying that it’s a widely misunderstood slogan
Your definitions of both MMT and BTC are very reasonable and I agree
“The term, closely associated with the work of Edward Lorenz, is derived from the metaphorical example of the details of a tornado (the exact time of formation, the exact path taken) being influenced by minor perturbations such as the flapping of the wings of a distant butterfly several weeks earlier.”
Maybe this, in addition to a contract checking round time of f3d solidity contract, could technically achieve maximum outbidding at last minute?
And the bidding address welcomes donations in order to increase maximum bidding power. The contract could then be…