Modern Monetary Theory: What’s Missing from the Narrative

Marton Trencseni - Sat 11 October 2025 • Tagged with mmt, macroeconomics, monetary-policy, fiscal-policy, central-banking

I explore several points that are rarely explained in Modern Monetary Theory narratives: from taxation in non-tax economies to central bank independence, inflation targets, and the many forms of money that exist beyond government spending. These are areas where the story of MMT could be told more completely.

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The MMT Case for Governments Funding Open Source Software

Marton Trencseni - Tue 07 October 2025 • Tagged with mmt, opensource, linux, eu

I argue that widely used digital infrastructure like operating systems, compilers and browsers deserve public investment, just like roads, hospitals, and schools.

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The MMT Perspective on Crypto

Marton Trencseni - Fri 27 December 2024 • Tagged with mmt, crypto, bitcoin, btc, fiat

From an MMT (chartalist) perspective, cryptocurrencies lack sovereign backing and fail to establish the enforced demand necessary to function as true currency. Because they rely solely on speculative sentiment rather than legal mandates (like taxation), their values are unsustainable in the long run and risk ultimately collapsing to zero.

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