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What if we told the truth about MMT?
What if the UK government admitted it already uses modern monetary theory? Would markets panic — or would we finally have the power to rebuild Britain?
In this video, I explain:
Why MMT isn’t a policy, but a fact.
How the “market panic” MMT would supposedly create is a myth.
How the UK could use MMT to invest, create jobs, and tackle inequality.
The truth is simple: the UK already creates money this way. The question is — how do we make that work for us all?
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By Richard MurphyWhat if the UK government admitted it already uses modern monetary theory? Would markets panic — or would we finally have the power to rebuild Britain?
In this video, I explain:
Why MMT isn’t a policy, but a fact.
How the “market panic” MMT would supposedly create is a myth.
How the UK could use MMT to invest, create jobs, and tackle inequality.
The truth is simple: the UK already creates money this way. The question is — how do we make that work for us all?