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Modern Monetary Theory is a lie!

Modern Monetary Theory is a lie!

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Modern Monetary Theory is a lie!
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.


  1. Botched Mandala

    "MMT is a lie", "MMT is accounting"… so accounting is a lie?

  2. Red Wine Please

    It's acctng but not a lie. But it was a good clickbait title.

  3. That is an incorrect definition of assets. Claims on others are just one type of asset. The majority of assets are PP&E, inventories, and other current assets.

  4. james1098778910

    Do you think anybody learned anything from that clip?

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