The magic money tree

Kategoria: Biznes i finanse
Kanał: Business Daily
Data: 16 maja 2019, 10:13
Poziom: B1-B2 (średniozaawansowany)


Ocena: 0 (liczba ocen: 0)

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Should governments spend more money? 'Modern monetary theory' or MMT is gaining traction, particularly in the US. It says governments should worry less about balancing the books. Its detractors call it the 'magic money tree'. Manuela Saragosa speaks to hedge fund founder Warren Mosler - the man who first proposed MMT - and economist Frances Coppola about the criticisms facing the theory. (Photo: a magic money tree, Credit: Getty Images)