Real Capital supports MMT and visa-versa

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    Keymaster

    One of the main tenets of MMT is that it is the resources of an economy determine what the economy can achieve, the money floating around the system is an enabler, rather than the reverse idea promulgated by neoclassicals, that the amount of money determines the economy.

    In a similar way, Real Capital says the ability of Real Capital to generate resources determines the potential of the economy to provide. And Real CApital offers a framework to understand this potential.

    This article explores the connections.

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