The National Debt and Other Red Herrings
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.
inflation
Money Growth Does Not Cause Inflation!
It is conventional wisdom that printing more money causes inflation. The only problem is, it’s not true. That’s not how inflation works.
4 Key Ignored Points in the Inflation / MMT debate
Inflation has caused great economic harm many times and in many places around the world throughout history. But, where we’re stood now, is this time and place one where inflation should be a concern?Â
A Framework for the Analysis of the Price Level and Inflation
Introduction The purpose of this chapter is to present a framework for the analysis of the price level and inflation. MMT (Modern Monetary Theory) is currently the only school of economic thought that, in direct contrast to other schools of thought, specifically identifies and models both the source of the price level and the dynamics …
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Understanding MMT and Its Policy Implications
Fadhel will introduce the audience to the core principles of MMT, highlight the real limits to the Federal government’s spending capacity, and illustrate that a comprehensive set of transformative policies can be introduced to fight the COVID crisis, climate change, inequality, and unemployment without bankrupting the country or causing inflation.
Modern monetary theory and inflation – Part 1
It regularly comes up in the comments section that Modern Monetary Theory (MMT) lacks a concern for inflation. That somehow we ignore the inflation risk. One of the surprising aspects of the public debate as the current economic crisis unfolded was the repetitive concern that people had about inflation. There concerns echoed at the same …
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