Modern Monetary Theory: Free Money or Fiscal Fantasy? | Merryn Talks Money

> "Modern monetary theory is the idea that... there isn't an effective constraint on financing; the only constraint... is that if you produce too much it could be inflationary." - **Simon French** (Defining the core tenet of MMT) [[00:01:35](https://youtu.be/3NUwMjw9Ogs?t=95)] > "The idea that fiscal policy can respond in short order has been slightly disproven in practice." - **Simon French** (On why MMT's…