Simon HobeckDec 7
Is there anyone here who knows about Modern Monetary Theory (MMT)?
I like the arguments in favour but I am curious why it hasn't been tried elsewhere. Why haven't Cuba or some other country with sovereign currency used this tool? Essentially, if its so great why is no one using it? (Or maybe they are and I just don't know).
#mmt #modern_monetary_theory
Show threadFREE🇵🇸PALESTINE, Says @SineOct 30, 2024

@bloomberg-bloomberg @bloomberg
Dear "economists",
please stop confusing money earnt, ie: wages etc,
with money that sovereign nations create via central banks that they need for investment, infrastructure, etc
To ensure inflation doesn't run away, remove via taxation

#mmt #modern_monetary_theory

nopeJul 29, 2022
The deficit myth: modern monetary theory and the birth of the people's economy
(2020) : Stephanie Kelton
isbn: 9781541736207
#debt #deficit_myth #economics #inflation #modern_monetary_theory #national_debt #policy #trade
#my_bibtex