2min chapter

ACQ2 by Acquired cover image

Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)

ACQ2 by Acquired

CHAPTER

Modern Monetary Theory Is on Everyone's Mind Right Now

"Modern monetary theory is on everybody's mind right now," says Julian Zelizer. "They're just asking for it to be integrated with fiscal policy, always and everywhere", he adds. The idea that the government can spend more money by the government whenever you want to stimulate the economy has never been fully realized in modern economics.

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