“Of course, Milton meant ‘debt’ when he said ‘money’. Dollars are debt. M2 is debt, for the most part - 99% of it.”
No. That’s just you linking his name to the credit theory of money, which if anything is connected to Modern Modern Theory and not the Monetarism that he’s famous for.
Okay, sure... let me rephrase then:
Where Milton said ‘money’, replace that with me saying ‘debt’. Dollars are debt. M2 is debt, for the most part - 99% of it.
I certainly didn’t and don’t mean to put words into Milton’s mouth.