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Modern Monetary Theory

MOD-ern MUN-eh-tair-ee THEER-ee

/ˈmɒdərn ˈmʌnɪtɛriː ˈθɪəriː/

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Syllable breakdown

modernmonetarytheory

Dictionary meaning

Heterodox economic theory holding that currency-issuing governments cannot go bankrupt and should use spending to achieve full employment

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