How Modern Monetary Theory Can Save America and Other Fairytales

by Jeffrey Harding | Jul 12, 2020 | Economic Theories, Fiscal stimulus | 0 comments

The Fed has signed up for Modern Monetary Theory (MMT), printing new money at will to fund the federal government’s $3 trillion coronavirus bailout. MMT, also known as Magical Monetary Theory, has a long history of failure and this time will be no exception. Prepare for what’s coming next.

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