AOC’s Beloved MMT Earns Surprising Rebuke from Warren Buffett

Warren Buffett may be a Democrat, but that doesn’t mean he’s on board with the economic policies promoted by progressive firebrand Alexandria Ocasio-Cortez. The congresswoman from New York plans to ramp up spending and drive the US deficit closer to the cliff-edge with a $40 trillion indulgence. Speaking in an interview with Bloomberg, the Oracle of Omaha made it clear where he stands on the issue of Modern Monetary Theory, and the inflationary risks it could create if a plan such as AOC’s is adopted in the future. “I’m not a fan of MMT — not at all, We don’t

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source https://www.ccn.com/aocs-beloved-mmt-earns-surprising-rebuke-from-warren-buffett

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