Basically, MMT claims that government should have the power to create new non-repayable money, and taxes should only be used to reduce the amount of money to tackle inflation. In theory this sounds fine, but if we want to enter WITH CONFIDENCE into a truly tax free world sans serious inflation(which could become uncontrollable even with conventional tax, and interest rate changes)we need new, and revolutionary thinking. Here, I refer people to my evolving project of Transfinancial Economics in which it would probably be possible to ensure WITH CONFIDNECE via Electronic Transaction Monitoring to control inflation levels DIRECTLY without commercially damaging the Free Market Economy.

MMT, and indeed Social Credit as promulgated by Clifford Douglas are INCOMPLETE when compared with Transfinanical Economics.