Modern Monetary Theory (MMT)

Though the term Modern Monetary Theory (MMT) was introduced in the early 1990s (some say in the 1970s), it is now more commonly used than ever. It seems that the parabolic growth in U.S. debt, as well as the start of the first round of Quantitative Easing (QE1) in November 2008, was when the idea really began to gain traction...







