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RE: US Dollar is Confronted by 3-Pronged Threat ~ Birch Gold Group … (Death of the Dollar–27) with Link to Full Story

in Project HOPE • 4 years ago (edited)

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.

4 years ago in Project HOPE by
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     4 years ago  

    Sure. I figure like equations that go into developing the tools used by the Fed.

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