@danhind @FriederZaspel We are at cross purposes. Im not comparing MMT to barter theory. Im asking whether, given a chartalist starting point, MMT’s account of the politics of money is convincing.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter