TMV - MMT - The Good The Bad And The Ugly
Modern Monetary Theory ((MMT)) is in the news a lot lately. And that has resulted in a number of "critiques." Most of these critiques are, to be blunt, trash. You see, the thing is, MMT is really, really confusing and most people don't get it right at first. So we tend to see lots of "critiques" of MMT that aren't based on a sound understanding of it. I know this because I went through a phase almost 10 years ago where I first encountered MMT, thought it was largely right and then realized it had