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The idea, in brief, contends that countries that issue their currencies that are own never “run away from money” the way in which individuals or organizations can. But just what had been when an obscure “heterodox” branch of economics has become a significant subject of debate among Democrats and economists with astonishing rate.
For the, we are able to thank Rep. Alexandria Ocasio-Cortez (D-NY), whom told company Insider in January that MMT “absolutely” has to be “a bigger element of our conversation. ” which was probably the most mainstream that is vocal MMT had gotten, which for years was in fact championed by economists like Stephanie Kelton (an old adviser to Bernie Sanders), L. 続きを読む Share All options that are sharing: contemporary Monetary Theory, explained