Nucleus Wealth Insights

On the agenda: •Quick background to MMT •MMT and Inflation expectations •How much more acceptance is Steven seeing for MMT on the back of large government spending this year? •Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK? •Janet Yellen looking like being Treasury Secretary, she has disavowed MMT but has voiced support for trying to get the economy to run hot •Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted. •Investment implications See the presentation slides: https://nucleuswealth.com/wp-content/uploads/2020/11/is-2020-government-stimulus-essentially-mmt.pdf Find more of Steven here: https://www.sustainable-prosperity.net.au/ Find out more about MMT: https://stephaniekelton.com/ To listen in podcast form click here: http://bit.ly/NucleusPod Get an obligation-free portfolio recommendation to see how we would invest for you: https://portal.