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Jim Bianco: The Fed Has Given MMT Proponents Ample Ammunition


The idea that the government can print money to spark the economy is not that much different than quantitative easing – with one big exception. Modern Monetary Theory is a poorly conceived idea that might get its day in the sun. Thank – or blame - the Federal Reserve and its “extraordinary measures” monetary policy for laying the groundwork.

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Posted: March 11, 2019 Monday 01:00 PM