A topic that has recently been hitting the wires with a higher relative and absolute frequency is Modern Monetary Theory or MMT. While MMT is getting attention from the political realm, it’s about increasing the supply of US Dollars or the currency of any sovereign monetary governments like the UK, JP, AU, or the US via purely fiscal means to boost or balance the economy. It’s likely to be a hot topic for the upcoming US presidential election, and you should know the key claims of the proponents and the criticism of the theory’s opponents, which Tyler covers.

 

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