@freemo

So why is MMT wrong?

P.S. don't be fooled by the term "theory". It's not an hypotesis, the term theory was used by its inventors in the accademic sense of "set of knowledge about a subject", like Probability Theory in Math.

MMT is not even about economics, it's a description of a technology, the monetary system.

In my opinion everything else in the economics is pseudoscience. Math models in economics are garbage. Even the 2018 Nobel Prize winner Paul Romer said something like this. He even introduced the term "mathiness".