Don't ask, when are we going to do MMT? We already are

Transcript

People keep saying to me, when are we going to do MMT or modern monetary theory, which is what those initials stand for, but that's the wrong question to ask. MMT is not a policy. It's an explanation of how money works. And in that case, the claim that we're waiting to do MMT is a misunderstanding. It's not a manifesto. MMT is an explanation. It de... Read More