@kpeace MMT is a description of the system we have, it is not a set of policies or tools. When viewing things through an MMT lens you might come to a different conclusion about the effect of a particular policy than if you came from the classical school - it makes certain things like governments running a deficit look more attractive.

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@kpeace I think you are combining two things here - MMT describes the rules of the game. Given these rules many policies logically follow that are different to those that would be derived from conventional neoclassical rules. Sure many authors run these things together, but it is important to understand they are separate

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