KnowraModern Monetary TheoryLinked fromLinked fromThe 4 pages that link to Modern Monetary Theory, each with the reason it gives.All 4Compared with 4Fiscal policyCompared with: It offers a distinct account of fiscal space, deficits, and inflation risks.AusterityCompared with: It challenges deficit-reduction arguments based chiefly on a sovereign issuer's need to finance spending.Public financeCompared with: It challenges conventional limits placed on currency-issuing governments' fiscal capacity.Janet YellenCompared with: Yellen rejected the claim that federal deficits face no practical constraints, stressing inflation and borrowing costs.