Tag Archives: nutshell

MMT Nutshell: Diagrams and Dollars

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MMT vs. Mainstream

The Civilized Money View (aka MMT, or Modern Monetary Theory) has historical precedents: First, the notion—developed by Adam Smith—that the wealth of a nation is measured not by monetary values, but by its capacity to produce goods and services. Second, … Continue reading

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Debt & Deficit in a Nutshell

A Summation of what we have learnt

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