The term "Modern Monetary Theory" (MMT) has been around for a while, but it has become more commonly used since the major central banks launched their money-printing sprees after the 2008 crash. (I added the "mad, maniacal" part, just to ensure that the term accurately describes the theory.)
The term "Modern Monetary Theory" (MMT) has been around for a while, but it has become more commonly used since the major central banks launched their money-printing sprees after the 2008 crash. (I added the "mad, maniacal" part, just to ensure that the term accurately describes the theory.)
MMT is just a grandiose term for money-printing / helicopter money. It's insane, foolish, and very destructive.
https://en.wikipedia.org/wiki/Modern_Monetary_Theory
Expect destruction.
Sure. I figure like equations that go into developing the tools used by the Fed.