Modern Monetary Theory

Published: 20/10/2019

Modern Monetary Theory +
clock 20 Minutes =
New Thinking

In this paper, TD Asset Management ('TDAM'/'We') will provide a brief explanation of Modern Monetary Theory (MMT) and its underlying tenets. We will speak to the proposed merits of this economic theory and explore its potential shortcomings. Finally, we will examine the practical implications of implementing MMT in terms of its effects on the macro environment and different asset classes.

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