A few days ago, we wrote an inarcuous piece explaining how silanke would be ill advised to print new money while attempting to wriggle out of this current crisis. We were a bit taken aback by the slew of interesting comments we received soon after - most notably from exponents of modern monetary theory. In two days episode, we offer a simplified take on modern Monetary Theory. Is modern monetory theory the answer to everything?
In today's episode for 20th September 2021, we offer a simplified take on Modern Monetary theory and see if it could solve most of our financial problems