How modern monetary theory questions the anxieties around debt
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US national debt crisis, Modern Monetary Theory (MMT), Peter G Peterson Foundation critique, Stephanie Kelton economics, US dollar hegemony, debt to GDP ratio explanation, monetary sovereignty, Reinhart and Rogoff austerity, US China
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Recently, top economists and historians assembled by the Peter G. Peterson Foundation sounded the alarm on the $38 trillion national debt in the US. The debt amounts to 120% of the GDP. However, Modern Monetary Theory (MMT) would reject this framing.
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Jahangir, J. (2025, November 29). How modern monetary theory questions the anxieties around debt. The Friday Times. https://www.thefridaytimes.com/29-Nov-2025/modern-monetary-theory-challenges-anxieties-debt
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