Federal Deficit – The Flawed Modern Monetary Theory (MMT)

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Federal Deficit – The Flawed Modern Monetary Theory (MMT)

Market Updates

08/24/23

Over the past few years, some politicians have espoused Modern Monetary Theory (MMT) to increase government spending. This flawed theory has increased our deficit and inflation at the same time. Watch our recent market update to learn more.

Written by

James E. Gore, CFA®, CAIA, CMT®

Jim serves as the Chief Investment Officer of THOR, is a Chartered Financial Analyst charter-holder, a Chartered Alternative Investment Analyst, a Chartered Market Technician, a member of the Association for Investment Management and Research and a member of the Cincinnati Society of Financial Analysts.

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Federal Deficit – The Flawed Modern Monetary Theory (MMT)