modern monetary theory

2:10PM
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Modern Monetary Theory, Part 4: MMT and quantitative easing

Since the 2008-2009 financial crisis, central banks in Canada and elsewhere have pursued quantitative easing.


9:35AM
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Modern Monetary Theory, Part 3: MMT and inflation

Divergences between expected inflation and actual inflation contribute to economic inefficiencies that harm economic growth.


1:31PM
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Higher interest rates associated with government borrowing act like an implicit tax

Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.


1:05PM
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What is Modern Monetary Theory and why is it gaining currency in these volatile times?

Providing income support to workers and businesses involves large increases in government expenditures.