Stephanie Kelton needs no introduction. The face of Modern Monetary Theory in a world suddenly awake to the realities of government finance in currency-issuing nations
Category: MMT
MMT Is From Venus
Analysts and, begrudgingly, mainstream economists, seem to be coming around to the notion that fiscal-monetary “partnerships” (wherein central banks enable and explicitly accommodate government spending)
Biden Fiscal Platform ‘Not A Manifesto On Modern Monetary Theory,’ JPMorgan Says
Ted Cruz on Wednesday said he doesn’t think Congress is going to pass another stimulus bill. He blamed Democrats. The same Democrats who, if they
‘Miserable’ Myths
It’s now widely (if begrudgingly) accepted that many developed nations are engaged in a version of Modern Monetary Theory. The pandemic forced the issue. For
‘Creeping Into The Unconventional’ And Why Everything You Thought You Knew Is Wrong
“There is only one way to pay.”
Stephanie Kelton: This Is The Lesson Of The $2 Trillion Virus Stimulus Bill….
“The reality is that there is almost always enough slack in the economy to allow for an expansion of federal spending (or tax cuts) without offsets”.
COVID Carte Blanche: Political Opposition To Trillion-Dollar Stimulus Crumbles In Pandemic
“Certainly the rapidity of the collapse in markets and the unfolding economic slump has accelerated the policy response”.
McElligott, Kolanovic And The ‘Max Pain’ Trade
What could bring back September’s shock reversal?
Harley Bassman On QE, Demographics, MMT And Flying Pigs
“I will caveat that although I am certain of the denouement, it is possible its date is vastly longer than my career”.
‘This Is Not As Radical As It Sounds’: Crucial Considerations At The Policy Crossroads
“The simplicity of this approach underscores an important point”…
Will Printing Press-Financed Stimulus Break The Back Of The Four-Decade Bond Bull?
Don’t fight the fiscal?
‘It Really Is Going To End Very Soon’: Albert Edwards Talks CEOs, AOC And MMT
“Monetary madness like we have never seen before”.
‘QE Infinity’, MMT And ‘Public-Private Policy Partnerships’ For A Brave New World
Exploring the future of the monetary-fiscal policy nexus.
As Trump Cheers ‘100% Correct’ John Williams, Don’t Forget The MMT Connection
The irony, then, is that Trump, Bernie Sanders and AOC are to a certain extent on the same page…
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