alt Hacker News> The only reason a site like this exists is for politicians to distract from the fact that the budget of a nation with currency sovereignty does not actually have to raise revenues with taxes in order to spend money on services (and thus, be an excuse to cut services).
This is not a mainstream view. This _is_ a view of MMT, which is rejected by the majority of current economists, and this context is probably important to people seeing this when it’s just presented as a well known fact
> In a 2019 survey of top U.S. economists not a single respondent agreed with the basic aspects of MMT