Maybe Modern Monetary Theory is an answer to the COVID-19 economic crisis

05.13.2020 - By Make Me Smart with Kai and Molly

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Does debt matter? For an individual, a household or even a generation, sure it does. But what about a nation? Modern Monetary Theory says no. To help us understand MMT and why it matters in this crisis is Stephanie Kelton. She’s a professor of economics and public policy at Stony Brook University, and she served as an adviser to Sen. Bernie Sanders’ presidential campaign. Her new book, “The Deficit Myth” is out June 9.
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