Modern Monetary Theory

Modern Monetary Theory is a way of thinking about money and economics that is different from other ways that people usually think about them. It says that governments can use their own money to fund things like public spending and even debt without having to worry about too much debt, inflation, or deficits because money that is printed by the government is not created from borrowing. Instead, the government can use its power to create money and use it to provide whatever services or stimulus the economy needs. This way, the government can help the economy grow, create jobs, and help people who are struggling financially.