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Modern Monetary Theory 101

April 10, 2019
by Caroline Miller
A Beginner's Guide to MMT, Federal Reserve Bank, fiat money, Modern Monetary Theory, Peter Coy, Richard Nixon, taxes and inflation, the gold standard, unlimited government spending
2 Comments
In a February blog, I mentioned an economic idea beloved by the far left called Modern Monetary Theory. (MMT)  It posits that  a  country with its own currency needn’t worry about accumulating debt because it can print money to pay off its interest.  Sounding too good to be true
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