Money Distilled

MMT Is Not an Answer to Britain’s Economic Ills

This week, the Merryn Talks Money podcast gets to grips with Modern Monetary Theory.
Zack Polanski, leader of the Green Party, is among the politicians who has expressed interest in MMT.Photographer: Carlos Jasso/Bloomberg
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek . Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

Before we get started today, here’s the link you’ve all been waiting for. Join us from 5pm on Tuesday March 17th for a live recording of the Merryn Talks Money podcast here at Bloomberg’s London offices. Merryn and I will be there, along with guests including the brilliant Sebastian Lyon, founder and chief investment officer at Troy Asset Management.