I would forgive the reader of this for not knowing what Modern Monetary Theory (“MMT”) is or even why I would be writing about it. Theories about economies and how they do or should work are much more complex than the basic macroeconomics most of us may have taken in school. The 2020 presidential election will probably make MMT a bigger topic in much the same way that Ronald Reagan and supply side economics did in the 1980’s. Why? Because it is the only theory of money supply and spending that can support the ten or eleven digit price tags of the promises being made by politicians. Click HERE for a brief primer on Modern Monetary Theory.