If you read only one post all year, this is the one I want you to read. I think it’s that important so please take some time to learn about Modern Monetary Theory.
Read More »Hyperinflation Highly Unlikely In U.S. & U.K. – Here’s Why (+5K Views)
Without pricing power or a large fiscal deficit and large foreign currency demands, it simply isn’t credible to claim that hyperinflation in the U.S. or the U.K. is in the offing now or anytime in the immediate future.
Read More »Mauldin: Is Modern Monetary Theory Just Modern Monetary Madness?
Most of the time when I am talking with my fellow writers and economists, when somebody mentions MMT, everybody smiles, maybe chuckles, and shakes their heads. The problem is, what seems like a joke is actually getting traction.
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