MMT
The End of an Era? Why Bitcoin and MMT Won the Week
Aug 29, 2020
Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.
A leading independent financial analysis shares thoughts on the “Robinhood rally,” Fed policy and why Modern Monetary Theory (MMT) is already here.
While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.