RE: MODERN MONETARY THEORY - can anyone explain major differences between MMT and current monetary system?

I've never heard about MMT. Finance and economic theory are not my strong suit.

I've read a bit, searching on the internet in sites for dummies, because it's really Chinese for me about MMT. But it seems to me that it's already a trend that's working? Because it says that the state and government itself can create its own money as many times as it needs to.

Our government is constantly creating more money, and look how hyperinflation is killing us.

I get the impression that it has a socialist touch too. In theory, socialism shouldn't be bad, but I guess it doesn't work in all cultures.

Thanks for sharing my friend

Stay in touch :)