Category Archives: LayPerson

The posts here are an attempt to explain how the mechanics and dynamics of modern day fiat money to the everyday person, the average joe, the layman (layperson).

MMT Myth and Misconception

Modern Monetary Theory recognises that the government has infinite capacity to spend and that the constraint on spending is always inflation never insolvency.  One of the many myths that crop up about MMT  is that it allows an infinite size deficit. … Continue reading

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Posted in LayPerson | 2 Comments

Stock-Flow Consistency Confusion

Do you suffer confusion over Stock Flow Consistency?  Are you a mainstream economist certain that your model is Stock Flow Consistent but you confused by the new economic school on the scene Modern Monetary Theory that claims it is Stock … Continue reading

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Open Discussion on MMT III

Post comments on any MMT related topic. Civil discussion and no coarse language.  Keep all discussions threaded (use the reply button on the comment you are replying to) where possible please. HAPPY NEW YEAR!

Posted in LayPerson | 57 Comments

Open Discussion on MMT II

Post comments on any MMT related topic. Civil discussion and no coarse language.  Keep all discussions threaded (use the reply button on the comment you are replying to) where possible please.

Posted in LayPerson | 178 Comments

Open Discussion on MMT

Post comments on any MMT related topic. Civil discussion and no coarse language.  Keep all discussions threaded (use the reply button on the comment you are replying to) where possible please. I have left comments open as I’m afraid that … Continue reading

Posted in LayPerson | 168 Comments