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.