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...Modern monetary theory mmt a general introduction dr usman w chohan director economics national affairs centre for aerospace security studies cass abstract is heterodox macroeconomic lens that recontextualizes the role of and fiscal policy in sovereign governments borrow issue debt their own instrument it thus describes practical uses fiat currency public monopoly on money by government with sovereignty has gained increasing recent years as progressive political parties discuss costs involved ambitious projects to develop societies but an even larger audience since spread covid pandemic massive liquidity being pumped into systems first world grapple global health crisis s interesting outlook inflation interest rates spending deficits require careful attention wider such this working paper offers simple id ecuc th april available social science research network ssrn papers table contents precepts criticism implications road ahead references author note constitutes complex set discussion...