Tag Archives: MT

Michael Liebowitz makes up his own theory of inflation to criticize MMT and the inflation constraint. See It Market Modern Monetary Theory and its Fictional Discipline Michael Lebowitz

Tom Holland is a geologist by training and journalist by profession. Although he has written on business for 25 years, he displays little knowledge of finance, economics or MMT in this article. Why do people that are not qualified to speak on an important subject get a platform to criticize for reasons that are patently wrong. In the first place, the author doesn't realize that China is not sovereign in its currency since it pegs the renminbi to the dollar. (The Chinese currency is the...