“...misunderstanding how sovereign currency works prevents many nations from living up to their resource capacity by adopting an unnecessarily restrictive fiscal stance while they leave domestic resources unemployed.” DevelopmentEconomicsDeveloping CountriesDeveloping World Author:L. Randall Wray Yeva Nersisyan
“While MMT holds that sovereign governments are not financially constrained, whether developed or developing, this does not mean that they should not constrain spending. Whether or not they need to do so and to what extent depends on their internal and external resource space” EconomicsDeveloping CountriesDeveloping World Author:L. Randall Wray Yeva Nersisyan