‘Modern Supply-Side Economics’ Will Exacerbate Inflation
4 min readJan 24, 2022
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Regardless of what Secretary Yellen may say, increasing government deficit spending at this time, will lead to more inflation.
Last year, the Federal Reserve officials said they were basing their shockingly irresponsible monetary policy on Modern Monetary Theory (MMT). On Friday, Treasury Secretary Janet Yellen, said President Biden is basing his fiscal policy on…