Modern Monetary Theory
Cullen explains how Modern Monetary Theory (MMT) differs from mainstream macroeconomics in its approach to deficits and employment, emphasizing a buffer stock of fully employed workers to control inflation. MMT views government as the solution to unemployment, advocating for policies like a job guarantee to maintain full employment and stabilize the economy.In this clip
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Odd Lots
From MMT Advocate To Outspoken Critic
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