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RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system?

in Project HOPE5 years ago

Dear @akdx

Thank you for always being so responsive

ps.
I seriously wonder how MMT would deal with inflation (losing fiat currency value). After all inflation is nothing but 'hidden tax', that can destroy economy and businesses. Just like tsunami would.

Also Im curious how countries following MMT monetary system would deal financially with those who stick to traditional/current ways. Something would surely have to change.

Yours
Piotr