Cost of Living

What modern monetary theory is and what MMT could mean for Canada's budget deficits

Just what is modern monetary theory, anyway? You may have heard the letters MMT tossed around as government deficits increase in the wake of the COVID-19 economic fallout.

Just what is modern monetary theory, anyway?

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You may have heard the letters MMT tossed around as government deficits increase in the wake of the COVID-19 economic fallout.

Paul Haavardsrud tells you more about what it means, without having to set foot in an economics classroom.


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