NRZ - Modern Monetary Theory And 20+% Dividend Yields On REML MORL And MRRL
Modern Monetary Theory and 2X-leveraged mREIT-based ETNs
Modern Monetary Theory is a topic currently being bandied about by some at both ends of the political spectrum. Stephanie Kelton, who advised Bernie Sanders' 2016 presidential campaign and was chief economist for the Democrats on the U.S. Senate Budget Committee, is a prominent proponent of Modern Monetary Theory. Her most well-known quote is: "Federal deficits are private sector surpluses". Celebrity member of Congress, Alexandria Ocasio-Cortez (D-NY), and others advocating vast increases in Federal government spending in health and education, make favorable mention of Modern Monetary Theory. Ocasio-Cortez