Tag Archives: mmt

Interest Rate Changes Under MMT

MMT considers that the aggregate demand impact of interest rate changes are unclear and may not even be negative (for a rise) or positive (for a fall) depending on rather complex distributional factors. For example, remember that rising interest rates … Continue reading

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MMT Nutshell: Diagrams and Dollars

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Financial Reform

From the Modern Money and Public Purpose series of seminars held at Columbia University

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