Why MMT would lead to hyperinflation
12 October 2021
In part two of our three-part Modern Monetary Theory (MMT) webinar series, Dr. Lacy Hunt, Executive Vice President of Hoisington Investment Management Company, explores the short-term risks to the standard of living and the dispersion of wealth and income between the upper and lower income households. He also looks at the longer-term risks that MMT could lead to, including hyperinflation and the triggering of Gresham’s Law.
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Find more in the series:
MMT challenging the economic establishment