Modern Monetary Theory and Strong Towns
My skepticism aside, my goal here is not to convince the passionate supporters of endless federal money printing that this is a bad idea – you’ve got your thing and you really believe it and I don’t want to quarrel over it in this piece – but to point out to you, and especially those sympathetic to the ends if not the means of what you advocate for, that Modern Monetary Theory is not going to solve the problems we are trying to address at Strong Towns.