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Romina Boccia On Friday, within mere hours of the House Budget Committee considering a reconciliation bill that threatened to accelerate the already unsustainable US debt increase by another 25 percent (adding $5 trillion to a projected $20 trillion debt increase by 2034), Moody’s issued its US

While Austrian economists have engaged Modern Monetary Theorists on economic terms, one should not forget that this theory promotes totalitarian governance. As J.M. Keynes argued, it is easier to impose these kinds of monetary schemes in a totalitarian state.