View: Why it’s time for India to give Modern Monetary Theory a chance


Standard economics books don’t teach us this. But seen in this new light, GoI does not need our money (taxes or borrowings) to spend. It is the State that creates money, so it can never run out of it. This is the most liberating idea behind Modern Monetary Theory.
Did you miss our previous article…
https://grupolatinoamericano.org/?p=319