Real Progressives

inflation

framework, modern building

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 Kaboub

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.

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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