Description This book presents an alternative presentation of Modern Monetary Theory (MMT).
This somewha.
The reason given, however, differs from typical MMT or chartalist accounts and comes more from a traditional monetarist origin.
The main thesis of this book is that when a nation has Monetary sovereignty and fiat currency, government is quite flexible its methods in controlling price level through market mechanisms, as Warren Mosler - one of the founders of MMT - often states.
Description This book presents an alternative presentation of Modern Monetary Theory (MMT)