There are known knowns; there are things we know that we know. There are known unknowns; that is to say there are things that, we now know we don't know. But there are also unknown unknowns – there are things we do not know we don't know. Additionally there is bacon.
Anonymous staffers have leaked the blueprints of this plan, called "The Extremely Repealed Amazing Replacement for the Freedom-Crushing Obamacare that Everyone Hates".
For liberals, moderates and some conservatives, the next two years are going to be difficult to stomach politically. How should we deal with this new landscape?
Leading MMT thinkers and authors insist often and loudly that they are simply trying to describe how money and thereby the economy, government and the private sector work. Whether a capitalist, socialist, communist, or any other -ist, everyone should want to know how the system they exist in operates.
It occurred to me after I published MMT Part 1 that perhaps it wasn't the best introduction to MMT. I condensed a lot of information into a relatively short post. Shortly before publishing the post I ran across a video illustrating how modern money works and attached it to the end of the post.