You've had some idea of MMT throughout this course.  I've introduced it into this macroeconomics class because it is a current issue.  After listening to Professor Kelton and reading her critics. Answer the following questions: What are the chances of MMT becoming the prevailing policy after the COVID crisis? Are we already doing MMT without knowing it? Professor Kelton says we shouldn't worry about inflation (we've haven't had much in the last 20 years) her critics disagree because they believe MMT pushes the envelope toward inflation. Explain.  

Incorporate critiques from above or support MMT from the resources we've used in this class. 

Provide at least five paragraph essay.  I'd like to hear something about what MMT does when inflation appears. What tools does it use? 

Answer rating: 100% (QA)

Modern Money Theory MMT has been at the end of the financial dialogue for 10 years or more but has since moved away from the fringes to become part of ... View the full answer