It depends on the country. I know that the Nordic States, Iceland, and New Zealand all use MMT to meet the needs of their citizenry. Sadly, too many nations with a sovereign, fiat currency embrace the economic lies of neoliberalism, confining social spending to policy space that blesses their billionaire class, but insisting on rugged individualism for their middle-class and poor.

James Hollomon
James Hollomon

Written by James Hollomon

Majored in Chemistry, designed electronics automation until the industry moved offshore, transitioned to writing & web development. Currently writing Cult.

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