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In response to
"This is somewhat old, but helps explain. It is based on how they react or help accommodate the deficits. -- (link)"
by
pmb
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Here is a summary of MMT. As discussed it focuses on fiscal policy (the fed's involvement is how they react to the additional money in the system to -- (edited)
Posted by
pmb (aka pmb)
Aug 3 '21, 14:44
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manage for inflation). That is generally in the need to increase interest rates. That's where these tie together. Notwithstanding the increasing deficits, both interest rates and inflation remain low.
- here (www.jhinvestments.com)
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