noun
modern monetary theory; MMT
An economics term referring to a heterodox macroeconomic framework. Often abbreviated as MMT in both English and Japanese.
現代貨幣理論は、政府の財政政策について新しい視点を提供する。
Modern Monetary Theory offers a new perspective on government fiscal policy.
A direct translation of the English term 'Modern Monetary Theory', composed of 現代 (modern), 貨幣 (currency/money), and 理論 (theory).