RE: 445% Debt To GDP - Is Math Broken?
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The situation is absolutely insane. Future historicians will wonder and speculate how it could come to this situation, and why there where almost no serious attempts to come out of this, despite the fact that all data was available. Lack of alternative - but than a technical alternative was found...
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I also think this is the biggest experiment we've ever had and it's all going wrong and failing most of society, I do hope we document it and learn from it. I agree we don't have an alternative, even blockchain as promising as it is is nowhere near ready to handle the globes transactional needs.
But it's a start, I do think more MMT style policies are coming because it's at a point of no return and we sort of need all the time we can get until we have a real alternative
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