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MMT frames government spending and taxation differently to most orthodox frameworks. MMT states that the government is the monopoly issuer of its currency and therefore must spend currency into …

May 27, 2025 · Modern Monetary Theory (MMT) is a macroeconomic theory that government spending should not be restrained due to the fear of rising debt.

Under MMT, the Fed finances the deficit by printing money, while the Treasury and Congress use their tools (taxation, expenditures and fees) to stabilize the economy and fight inflation.

Discover the essentials of Modern Monetary Theory (MMT), a transformative and controversial economic approach that defies traditional fiscal beliefs. Explore why it matters.

What is MMT? Modern Money Theory, or MMT, is an accurate map of the economy, as it already is. Using an accurate map makes it clear where things are and what to expect along the way. Where to …

Aug 14, 2014 · Warren Mosler, founder of Mosler Economics and co-founder of Modern Monetary Theory (MMT) with William Mitchell, is a key figure in reshaping economic thought. Despite correctly …

Feb 2, 2024 · Modern monetary theory (MMT) is an unconventional macroeconomic theory that challenges traditional economic views. It suggests that countries with strong economies and their …

Jan 8, 2021 · Modern Monetary Theory was pioneered by American economist and theorist Warren Mosler in 1992, along with Bill Mitchell, a university professor based in Australia and a key developer …