Modern Monetary Theory Is Fake Economics

Daniel Lacalle
By Daniel Lacalle of dlacalle.com
PhD Economist, Fund Manager •

Modern Monetary Theory (MMT) is the best way to destroy the US Dollar’s purchasing power, end it as world reserve currency and collapse the economy.


Video length: 00:07:04

Modern Monetary Theory (MMT) is the best way to destroy the US Dollar’s purchasing power, end it as world reserve currency and collapse the economy.

All under the fallacy of “this time will be different”. It will not.

Further Reading:
Governments Default On Debt More Than You Think
People’s QE? It's Venezuela With Tea And Cakes
The Upside-Down World of Modern Monetary Theory

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