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Fatal Flaws in Modern Monetary Theory

Fatal Flaws in Modern Monetary Theory
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Let's talk MONEY | City-County Observer

Let's talk MONEY | City-County Observer
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Alan Kohler: Modern Monetary Theory has become modern fiscal practice

Alan Kohler: Modern Monetary Theory has become modern fiscal practice
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MMT: An idea whose time may be up post Covid

MMT which gained mainstream attention in the late eighties and early nineties is based on the premise that governments should be allowed to spend by printing currencies without imposing any constraints or be concerned about fiscal deficit to fund growth and achieve economic goal like full employment and price stability. ....

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