TLDR
Modern Monetary Theory (MMT) is the modern evolution of our financial system. MMT is founded on the understanding that as long as a government is printing and managing its own money and doesn’t have debt issued in the currency of another country (more on this later) MMT’ers asserts that the focus should not be on the deficit, but rather on managing inflation. If inflation can be kept in check, the government can engage in whatever spending it wants. The consequences of this will reach beyond the dollar to cryptocurrencies, financial markets, and politics.via the TL;DR App
no story
Written by NoamLevenson | Writer. https://twitter.com/noamlevenson
