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Stephanie Kelton, Modern Monetary Theory Evangelist
Google searches for “modern monetary theory” more than quadrupled in early 2019 from previous highs.
11 Dec 2019, 04:50 PM IST
(Bloomberg Businessweek) -- MMT argues that in any country with its own currency, budget deficits don’t matter unless they cause inflation. The government can pay for what it needs by simply printing more money—no reason to borrow by issuing bonds.
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