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1/ "What is #MMT's theory of inflation?"

[#LearnMMT THREAD v.1]

First of all, very few of us understand what inflation really is, but almost all of us have a very good understanding what we fear it to be.
2/ #MMT's primary tool for fighting inflation is the job guarantee. You can learn more about that here.
3/ In particular, search for the term "inflation" on this page by economist Pavlina Tcherneva (@ptcherneva) who has been developing the #MMT-designed job guarantee for more than twenty years. pavlina-tcherneva.net/job-guarantee-…
4/ There are many scholarly papers on the causes &management of inflation, starting with items 8 & 17 on this page of #MMT scholarship curated for mainstream economists by @DeficitOwls' co-founder, @GISP_tweets fellow, & @UMKC doctorate student @SamHLevey. deficitowls.wixsite.com/mmt4mainstream…
5/ The term inflation can be found throughout the 25-plus years of #MMT scholarship. Here is a list of all of the repositories containing MMT scholarly works that I'm aware of.
6/ The definitive introductory #MMT textbook, Macroeconomics, has a 60 page section entitled "Unemployment and Inflation: Theory and Policy," plus many additional references for "inflation" in the index. bilbo.economicoutlook.net/blog/?page_id=…
7/ Not to mention, a very brief yet clear description can be found on the #MMT Wikipedia page: en.m.wikipedia.org/wiki/Modern_Mo…

[END]
8/8 To #LearnMMT in general, here's a good place to start.
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