现代货币理论认为,一个拥有自己货币的国家,比如美国,不必担心积累过多的债务,因为它总是印更多的钱来支付利息。 因此,对支出的唯一限制是通货膨胀,如果公共和私营部门同时支出过多,通货膨胀就会爆发。
只要有足够的工人和设备来满足不断增长的需求而不会引发通货膨胀,政府就可以花费所需的资金来维持就业并实现诸如阻止气候变化等目标。
Modern Monetary Theory process that a country with its own currency, such as the U.S., does not have worry about accumulating too much debt because it always print more money to pay interest. So the only constraint on spending is inflation, which can break out if the public and private sectors spend too much at the same time.
As long as there are enough workers and enquipment to meet growing demand without igniting inflation, the government can spend what it needs to maintain employment and achieve goals such as halting climate change.
Warren Buffett hates it.