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A Guardian article on the threat from modern monetary theory was quite staggeringly wrong. This is the rebuttal. — Richard Murphy

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These claims are wrong. They are either not what MMT says or the telling is distorted. For the record, MMT actually says is quite different....Tax Research UKA Guardian article on the threat from modern monetary theory was quite staggeringly wrong. This is the rebuttal.Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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These claims are wrong. They are either not what MMT says or the telling is distorted. For the record, MMT actually says is quite different....
Tax Research UK
A Guardian article on the threat from modern monetary theory was quite staggeringly wrong. This is the rebuttal.
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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