MMT, Government Deficits, and Douglas Social Credit
While there are significant differences between Modern Monetary Theory (MMT) and Douglas Social Credit, Professor Kelton’s talk allows us to turn our attention, for a change, on some of the points of commonality.
In the context of Douglas’ economic views, this press release addresses U.S. President Donald J. Trump announcing that he wants to tap into tariff revenue and issue a dividend check to low-income and middle-income American citizens.
Written on Wednesday, 10 December 2025 10:39
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Dr. Oliver Heydorn, founder of the Clifford Hugh Douglas Institute for the Study and Promotion of Social Credit, introduces Douglas Social Credit as a comprehensive monetary reform model that addresses both justice and functionality in the financial system: "Douglas Social Credit: Restoring Honesty and Functionality to the Financial System".