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May 27, 2025 · Modern Monetary Theory (MMT) challenges how a government interacts with the economy, the nature of money, the use of taxes, and the significance of budget deficits. According to …

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 …

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

Modern Monetary Theory (MMT) is a policy model for funding govern-ment spending. While MMT is not new, it has recently received wide-spread attention, particularly as government spending has …

Modern Monetary Theory (MMT) is a policy model that states that governments do not have to worry about deficits as they can fund projects by printing new money via the central bank.

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.