Coronavirus pandemic: politicians, CEOs believe in MMT, Modern Monetary Theory

The issue of “balancing the books” with taxes or via the issuance of debt is not only an afterthought — it is not even necessary. Our government holds a monopoly to “issue” the currency, it does not merely “use” it like the rest of us.

An epochal shift in economic thinking that is long overdue.

Source: Coronavirus pandemic: politicians, CEOs believe in MMT, Modern Monetary Theory – Business Insider

No ratings yet.

Leave a Reply