Macro
October 20 2019
Modern Monetary Theory
20 min read
Michael Craig, CFA, Managing Director, Head of the Asset Allocation and Derivatives Team, TD Asset Management; Haining Zha, CFA, Vice President & Director, TD Asset Management
In this paper, TD Asset Management ('TDAM'/'We') will provide a brief explanation of Modern Monetary Theory (MMT) and its underlying tenets. We will speak to the proposed merits of this economic theory and explore its potential shortcomings. Finally, we will examine the practical implications of implementing MMT in terms of its effects on the macro environment and different asset classes.
Related contents
October 17 2024
-
5 min read
October 16 2024
-
10 min read
More by this Author
March 25 2022
-
20 min listen