MMT

1. Astronomy.,  Multiple Mirror Telescope.

2. Chemistry.,  methylcyclopentadienyl manganese tricarbonyl, C 9 H 7 MnO 3 , a lead-free, toxic antiknock gasoline additive.

Example Sentences

Simply put, MMT says that a “monetary sovereign” government, such as the United States, does not need to worry about budget deficits given that it prints its own currency.

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Mr. Daniels wrote this about MMT: “The suggestion was that a government could borrow unlimited amounts of money in its own currency and repay it without risk simply by printing more of that currency.”

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What he did not do, however, was explain why MMT fails as an economic theory.

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MMT died a quicker death in the public square than its predecessors in quackery, or so it seemed.

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Krugman, attacking MMT more than once, has called it “indefensible” and “the cryptocurrency of macroeconomics.”

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