Modern Monetary Theory is fact and practice, and market rigging is its consequence
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Modern Monetary Theory, which has been getting much attention lately, is so controversial mainly because it is misunderstood. It is misunderstood first because it is not a theory at all but a truism. That is, MMT holds essentially that a government issuing a … Read more