Treasury & Capital Markets / Viewpoint
The power and poison of MMT
The rigid stances of Modern Monetary Theory’s devotees and detractors have not lent themselves to productive discussion. This is a serious loss for policymakers, because MMT includes both problematic propositions and perfectly reasonable – even highly useful – ones
Koichi Hamada 11 Jan 2022
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CG Lai
CG Lai
CEO
BNP Paribas China
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XD Chen
XD Chen
chief China economist
BNP Paribas
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