• Quick background to MMT
• MMT and Inflation expectations
• Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK?
• How much does the Phillips curve factor into MMT thinking
• Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted.
• Investment implications
See the presentation slides: https://nucleuswealth.com/wp-content/uploads/2020/11/is-2020-government-stimulus-essentially-mmt.pdf
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