https://youtu.be/nBZxmDjWHmA
*MMT was a mischaracterization of the aggregate demand. Zero percent interest rates were ok, only as long as the aggregate supply complied for an equilibrium to allow lower price changes (inflation.) Now that the demographics, a war that cut off Russia from the world (or at least US dollar denominated trade), and political mistakes of lower taxes and stringent SEC environment has resulted in intergenerational wealth transfer (and resulting concentration of wealth) and too much class stratification that have now caused a spike in inflation (of which is now cooling per current Fed policy.) The problem is more demographic and policy driven than just printing the money for the sake of the demand at the time. MMT is not to blame for the current inflation cycle.
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