Central banks are increasingly taking actions that may cause harm to the economic stability of El Salvador. In order to mitigate the negative impact from central banks, it becomes necessary to authorise the circulation of a digital currency with the supply that cannot be controlled by any central bank. El Salvador President Nayib Bukele On […]
Author Archives: Hans Genberg
Macroeconomics and Monetary Policy
Don’t Try This at Home: Modern Monetary Theory in Emerging Economies
03
May
May
Modern Monetary Theory (MMT) has attracted attention recently in the United States in part because it has become associated with certain Democratic Presidential hopefuls, but also because it has been noticed by Wall Street Bankers.