The Biden Administration commissioned a study from the Huet Foundation in 2020 where they embraced MMT (Modern Monetary Theory), which concluded there is greater headroom for government spending without causing undue inflation—a document that would have terrified any prior administration.
factualpending
Speaker
Michael SemolistEvidence Quote
“the Biden Administration can now finally think about all sorts of stimulus without having to worry about inflation any Administration before them would have been terrified to pick up that document the Biden people embraced it wholesale”
Created: 8/11/2026, 7:15:52 AM
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