Consumer Monetary Theory
 

Consumer Monetary Theory (CMT) is a framework for understanding the role of money in granting people access to the economy's output. CMT provides macroeconomic context for common questions around basic income.

CMT basics:

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Basic Income &
Full Output Policy

Derek Van Gorder, 2020

For more information:

Social media:

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For more details, and comparison to other macroeconomic theories, I recommend exploring Alex Howlett's reddit thread commentary on Columbia University's Money and Banking course: