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Terry Jones: Modern Monetary Theory: Everyone's Talking About MMT, But What Is It, And Will It Work?


Maybe you've never heard of Modern Monetary Theory. But no doubt, as the 2020 election nears, you will. It's the latest contentious buzzword to hit Washington, D.C. The idea, despite its name, is not new or "modern." But it has set off a heated political and economic debate, with Fed Chairman Jerome Powell telling Congress last week that

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Posted: March 1, 2019 Friday 12:49 PM