Proper noun
Modern Monetary Theory
A heterodox economic school of thought that posits that fiscal policy, set to constrain inflation and enable full employment, should be the primary economic stabiliser and prioritises reflection on the nature of money from a chartalist perspective.
A new crop of economists – adherents to Modern Monetary Theory – have a bold proposition: Don't worry about it. Source: Internet
The mis-guided Modern Monetary Theory cares little, if anything, about the size of the balance sheet which scares me even more. Source: Internet