robquim
@ropagaI came back recently, also posting on my own website, robquim.com
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RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system?
It´s doing the same but with different mechanics. Another idea of the MMT is reduce taxes to decrease unemployment rates. For companies, salaries are just another cost, and they always try to reduce them
RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system?
From Bloomberg A good place to start is with a simple description that you can carry in your pocket: MMT proposes that a country with its own currency, such as the U.S., doesn’t have to worry about