Here we go, it was a time. After 10 years of struggling to revive growth and inflation and several trillions of dollars, euros and pounds going wasted for bond purchases. https://t.co/DJJuKQHnzQ

— Joze P. Damijan (@jdamijan) August 28, 2019

As the authors say, their proposal is different from MMT. Only goal is normalizing inflation, it’s temporary, does not include a permanent job guarantee program or fighting high inflation with fiscal policy. However, it shows why an ill-defined MMT hit the zeitgeist

— Vitor Constâncio (@VMRConstancio) August 21, 2019