> This is why governments must intervene with laws such as GDPR or even much stronger ones in the future to protect people's privacy, because the companies themselves have no incentive to "self-regulate" other than a…
You don't need government programs to do that.
No, this is way off. MMT doesn't model fiscal policy as unconstrained in real terms, only nominal terms. And given the legal authority, of course a sovereign issuer is always able to spend. In this case spending is…
> This is why governments must intervene with laws such as GDPR or even much stronger ones in the future to protect people's privacy, because the companies themselves have no incentive to "self-regulate" other than a…
You don't need government programs to do that.
No, this is way off. MMT doesn't model fiscal policy as unconstrained in real terms, only nominal terms. And given the legal authority, of course a sovereign issuer is always able to spend. In this case spending is…