The Death of Modern Monetary Theory: How Inflation and the Jay Powell Fed Killed It and What it Means for Investors
©January 10, 2023Daniel L. Ascani January 10, 2023 A simple Google search tells you what it is: Modern Monetary Theory (MMT): “A macroeconomic theory that says countries that control their own currencies, like the U.S., are not constrained by revenues when it comes to government spending.” Investopedia.com To dig a little further into Investopedia’s explanation […]