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MMT frames government spending and taxation differently to most orthodox frameworks. MMT states that the government is the monopoly issuer of its currency and therefore must spend …

May 27, 2025 · Modern Monetary Theory (MMT) challenges how a government interacts with the economy, the nature of money, the use of taxes, and the significance of budget deficits. …

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Discover the essentials of Modern Monetary Theory (MMT), a transformative and controversial economic approach that defies traditional fiscal beliefs. Explore why it matters.

In economies like the U.S. or the U.K.—where governments issue their own currency through a central bank—MMT explains how money is created, spent, and recycled. According to MMT, …

What is MMT? Modern Money Theory, or MMT, is an accurate map of the economy, as it already is. Using an accurate map makes it clear where things are and what to expect along the way. …