Modern Monetary Theory - MMT
What is MMT and how could it completely change your perception of life in a nation with a sovereign fiat currency? Looking for MMT resources in other languages? Try our INTERNATIONAL MMT RESOURCES page.
Browse our MMT focused articles and filter them using the tabs at the top to find a specific topic.
Browse our MMT focused articles and filter them using the dropdown tab at the top to find a specific topic.
- All Articles
- Federal Reserve
- Hyperinflation
- Inflation
- Job Guarantee
- MMT 101
- MMT Academics
- MMT Rebuttal
- National Debt
- Social Security
- Taxation
- All Articles
- Federal Reserve
- Hyperinflation
- Inflation
- Job Guarantee
- MMT 101
- MMT Academics
- MMT Rebuttal
- National Debt
- Social Security
- Taxation
The Operational Reason Why Federal Taxes are Not Revenue for the Federal Government
June 29, 2017
Since this is a major topic of interest for laypersons, I’m going to explain operationally why your dollars paid in federal taxes are not spent by the federal government on anything.
The National Debt and Other Red Herrings
January 15, 2022
Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.
The Myth of Debt
June 4, 2023
From the latest cuts to the economic forecasts to the Italian elections to the gathering debate about how George Osborne should play this year’s Budget, all discussions about the financial system now lead swiftly back to the world’s sovereign debt problem.
The Mismeasure of Macro
August 28, 2020
Sloan strives for one more scare tactic. MMT will cause the United States to lose its reserve currency status and all the foreign bondholders will dump their treasury securities. This may sound scary to the average reader but those versed in bond markets will immediately see through the farce.
The Millennials’ Money
October 14, 2020
Modern fiat money, once it becomes a “visible reality” for more and more people, can’t help but become a force for positive change in our political discourse and collective future.
The Irresistible Allure of Debunking MMT Hit Pieces: A Response to Peter Diekmeyer
June 12, 2019
So, tell me who has ALREADY made out big from MMT? Special interests. The big campaign donors. Decidedly NOT the people.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)
May 28, 2023
There never has been the kind of independence supposed by orthodox economists.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)
May 28, 2023
In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)
May 28, 2023
It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…
The Five Stages of Money (and why we’re stuck at stage 4)
June 18, 2018
Given the pressing needs America and the world now face, which profit-making enterprise has no interest in addressing, the time for Stage 5 money is at hand. We have it in our grasp. The question is: when we will see what it is and how to use it?
The Federal Reserve is Not a Private Bank – A Response to Counterpunch
April 15, 2018
Calling out the omission of facts from a recent Counterpunch article concerning the U.S. Federal Reserve.
The Fed’s Response to the Coronavirus Depression
April 8, 2020
Nathan Tankus discusses how the federal government should respond to this crisis on our April National Outreach Call.
Memes for Sharing
Why we need to debunk the 'deficit myth' - BBC REEL
Government spending is increasing at an unprecedented rate to deal with the effects of the coronavirus pandemic. Many people worry this could burden future generations.
However, economist Stephanie Kelton, author of The Deficit Myth, argues that we need to rethink our attitudes towards government spending.
Could Modern Monetary Theory help us navigate our way out of this crisis – and even help build a fairer economy?
Producer: Dan John
Animation: Jacqueline Nixon
(Republished with permission from the BBC)
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