Modern Monetary Theory: is it the answer to the current economic problems?
With some saying that we are still not over the issues from the great financial crisis, the Covid-19 pandemic has presented some economists with another chance to promote Modern Monetary Theory, as a solution. But what is it, how does it work and is it the silver bullet that the global economy needs? In this episode, Professor Graeme Leach, founder and CEO of Macronomics, joins Jeremy Naylor for a look at the economic modelling that is the basis of MMT and look at the possible implications if MMT was adopted. Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter @IGTV (https://twitter.com/IGTV) @GraemeLeachEcon (https://twitter.com/GraemeLeachEcon)