Misconceptions, MMT

MMT is…?

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Is MMT…?

Is MMT just printing (spending) money?
Is MMT just quantitative easing? (also known as printing money)
Is MMT just monetary policy as it refers to QE and ‘monetary’ is in the name?

The answer to all the above is no.

QE is just a financial asset swap (bonds for cash) and the rest has been addressed by Scott Fullwiler and in our 5 things to read.

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