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.
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- 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
MMT Takes Center Stage – and Orthodox Economists Freak
May 27, 2023
MMT is “obviously true” – the orthodoxy’s goal is to keep that truth from the public.
MMT isn’t ‘Close’, it’s ‘Here’.
August 29, 2019
As soon as you read “MMT May One Day Be”, you know the author either doesn’t understand MMT, or doesn’t want you to.
MMT Is No Joke – The Joke is How Its Used
February 7, 2019
This is the real joke thats not funny. MMT is no joke – but how it is currently being abused is.A progressive application of MMT (again, not MMT itself) merely seeks to shift that ‘socialism’ MLK mentioned away from imperialist behavior and toward our own countrypeople.
MMT Detractors are the Ones Who are Flirting With Disaster
May 22, 2019
Do not forgive them, for they know just exactly what they do.
MMT and The Deficit Debate
August 11, 2018
People often dismiss economic conversations assuming they understand the basics. The government collects taxes, spends that money and then some, causing deficits. Then, the Government borrows money to cover the deficit…
MMT 101: Response to the Critics Part 3
October 19, 2020
In this piece, we study the interaction between the government and nongovernment sectors while retaining the consolidation hypothesis.
MMT 101: Response to the Critics Part 2
October 19, 2020
MMT is frequently criticized for consolidating the treasury and the central bank. In this post, we will address these issues by tackling problems surrounding the nature of money and the role of taxes, and by beginning to deal with the consolidation argument.
MMT 101: A Reply to Critics Part 1
October 19, 2020
This is Part 1 of a six part series in which we deal with critics of MMT. As readers of this blog know, our critics continually raise the same old tired critiques of MMT.
MMP Blog #9: What If the Population Refuses to Accept the Domestic Currency?
December 20, 2023
The best kind of payment is an obligatory one—one that must be made to stay out of prison, or to avoid death by thirst. An obligatory payment that must be made in the sovereign’s own currency will guarantee a demand for that currency.
MMP Blog #9 Responses
December 20, 2023
Comments and responses on the Modern Money Primer Part 9.
MMP Blog #8: Taxes Drive Money
December 20, 2023
In short, to avoid the penalties imposed for non-payment of taxes (that could include prison), the taxpayer needs to get hold of the government’s currency.
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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