Modern Monetary Theory (MMT)
Though the term Modern Monetary Theory (MMT) was introduced in the early 90s (some say in the 70s), it is now more commonly used then ever. It seems that the parabolic growth in U.S. debt as well as the start of Quantitative Easing 1 (QE 1), in November of 2008, is really when the idea began to gain traction...