Not much time for blogging right now but just a quick one:
Godwin’s law is well known and states that “As an online discussion grows longer, the probability of a comparison involving the Nazis or Hitler approaches 1 ”
I’ve noticed that promotion of MMT ideas, even when I’m stating the bleeding obvious ie that all money in all modern currencies is either printed or created by keystroke in a computer, inevitably causes Zimbabwe or the Weimar Republic to be mentioned.
Oh the Weimar Republic, I’m supposed to agree. “I’d forgotten all about that. Of course MMT must be total tosh then. Let’s all get back to a gold standard as soon as possible”!
I’m not sure if this is an original observation or if the variation of Godwin’s Law, in the title of this post, can be termed Martin’s Law 🙂
Edit: I should have Googled the title first. Neil Wilson has beaten me to it by nearly 4 years. It has to be Wilson’s Law.
Modern Monetary Theory: Real Economics 
So true! I have made the same observation too. “Martin’s” Law is often proven in the first response to some of my comments!
I get ‘what about the unfunded pensions?’
Yes that’s fairly common too. My reply is that it’s just not possible to have funded pensions for a sovereign currency issuer. There’s no point Govt saving up their own IOUs (money) just like there would be no point you or I saving our own IOUs.
That usually makes them think a bit at least.