Is 2020 Government Stimulus essentially MMT? With Dr. Steven Hail | Nucleus Investment Insights

With the heavy amounts of Government stimulus being provided worldwide this year in response to Coronavirus’ economic impacts, we wanted to get the perspective of Adelaide University’s Dr. Steven Hail as to if this stimulus was essentially MMT in all but name
 
Our Agenda includes:
• Quick background to MMT
• MMT and Inflation expectations
• Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK?
• How much does the Phillips curve factor into MMT thinking
• Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted.
• Investment implications
 
 
 

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Tim Fuller is Head of Advice at Nucleus Wealth.