by Summary:
If you read only one MacroTourist post all year, this is the one I want you to read. I think it’s that important.... Throwing in the towel. I agree with Ben that MMT will change the type of inflation the economy experiences. I will leave it to much smarter people than I to decide if this is a good or bad thing. In the meantime, in the coming months, quarters and years, watch for MMT to become a much larger source of change for your portfolio and trading. You might think it’s great and that the financial world could use a change. Or you might think it’s terrible and will be a disaster. Doesn’t matter what you or I think. MMT is coming. Ignoring it would be foolish.… The cat is out of the bag, as we say in the US. Some see it instead as opening Pandora's box. Whatever, here we are. MMT
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
If you read only one MacroTourist post all year, this is the one I want you to read. I think it’s that important.... Throwing in the towel. I agree with Ben that MMT will change the type of inflation the economy experiences. I will leave it to much smarter people than I to decide if this is a good or bad thing. In the meantime, in the coming months, quarters and years, watch for MMT to become a much larger source of change for your portfolio and trading. You might think it’s great and that the financial world could use a change. Or you might think it’s terrible and will be a disaster. Doesn’t matter what you or I think. MMT is coming. Ignoring it would be foolish.… The cat is out of the bag, as we say in the US. Some see it instead as opening Pandora's box. Whatever, here we are. MMT
Topics:
Mike Norman considers the following as important: MMT
This could be interesting, too:
Steve Roth writes MMT and the Wealth of Nations, Revisited
Matias Vernengo writes On central bank independence, and Brazilian monetary policy
Michael Hudson writes International Trade and MMT with Keen, Hudson
Matias Vernengo writes Modern Money Theory in the Tropics: A Reply to Agustin Mario
If you read only one MacroTourist post all year, this is the one I want you to read. I think it’s that important....Throwing in the towel.
I agree with Ben that MMT will change the type of inflation the economy experiences. I will leave it to much smarter people than I to decide if this is a good or bad thing.
In the meantime, in the coming months, quarters and years, watch for MMT to become a much larger source of change for your portfolio and trading. You might think it’s great and that the financial world could use a change. Or you might think it’s terrible and will be a disaster. Doesn’t matter what you or I think. MMT is coming. Ignoring it would be foolish.…The cat is out of the bag, as we say in the US. Some see it instead as opening Pandora's box. Whatever, here we are. MMT has arrived!
Macro Tourist
EVERYTHING YOU WANTED TO KNOW ABOUT MMT (BUT WERE AFRAID TO ASK)
Kevin Muir