What if I told you a government can get away with printing more money than it has or it can generate without worrying about inflation? No fiscal policies, no bonds, no treasury bills, none of those. In the pandemic, the U.S. government has spent money on a scale not seen since World War II—without worrying too much about how it would pay the bills. About 70% of all money ever printed has been printed in 2020. Shouldn’t that cause massive inflation? Should the dollar be worth much less? Shouldn’t the economy be in a bubble?  A newish school of thought that wants to rehabilitate budget deficits and get policymakers thinking more boldly about what they could achieve with public money- Get ready to welcome the nuances of The Modern Monetary Theory. Tune in and start cashing! 

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