I am not an economist but follow MMT, Stephanie Kelton and Warren Mosler among others and I don’t think you are correct with regard to US deficit spending. Warren Mosler
"Taxes function to regulate aggregate demand, and not to raise revenue per se. https://tinyurl.com/y3d9hc8
Mosler also believes that imports are income and exports expense in which case increased costs for Americans may lead to Recession or worse rather then inflation.
I am not an economist but follow MMT, Stephanie Kelton and Warren Mosler among others and I don’t think you are correct with regard to US deficit spending. Warren Mosler
"Taxes function to regulate aggregate demand, and not to raise revenue per se.
https://tinyurl.com/y3d9hc8
Mosler also believes that imports are income and exports expense in which case increased costs for Americans may lead to Recession or worse rather then inflation.
Russia. Is not the Soviet Union. Are they really an existential threat to the US ? I don’t know but wonder if they are an agent of China that is.
What does this do to their narrative and reliance on prophesy?