Interest on Ways & Means hit N36.3bn in Q3, 2018 

CBN

Modern Monetary Theory (MMT) has been called garbage by BlackRock Chief Executive Officer Larry Fink; former New York Fed President Bill Dudley called it a “crackpot theory”, while it’s a “dangerous proposition”, according to the European Central Bank (ECB). The theory’s headline argument is that governments with their own currencies have more room to spend…

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