Under Janet Yellen, the U.S. Treasury Will Usher in a New Era of Modern Monetary Theory (MMT)

Dec 01, 2020

On Nov. 20 we said the next U.S. Treasury Secretary would be pro-MMT, meaning, they would be a de facto believer in, and wielder of, Modern Monetary Theory. And so it comes to pass. Janet Yellen, the incoming Biden administration’s pick for U.S. Treasury Secretary, is probably the most technocratically skilled and ideologically suited person on the planet for bringing…

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