Author Topic: Government Day-to-Day  (Read 13996 times)

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Offline Gorgeous Graham

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Re: Government Day-to-Day
« Reply #465 on: June 24, 2020, 08:46:29 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.

http://www.igmchicago.org/surveys/modern-monetary-theory/
I can tell how good of a person you are by how you treat the people you disagree with.