Author Topic: Government Day-to-Day  (Read 53996 times)

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Offline JMT

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Re: Government Day-to-Day
« Reply #465 on: June 24, 2020, 07:50:10 pm »
The government lost one AAA rating today due to global government debt (provinces plus feds). The market took no notice. Now that I have an understanding of MMT, I wonder why we even care about the ratings, debt, or deficits. They're all meaningless for a monetary sovereign with a reserve currency like Canada.