Header Image

Campaign Updates

| Building a National Campaign for a Strong Economy: Fed Up
Published By:The Intercept

Modern Monetary Theory Grapples with People Actually Paying Attention to It

Looking ahead, MMT advocates hope to grow their movement through grassroots organizing. One example they pointed to was Fed Up, a national campaign launched in 2015, whereby low-income workers and union members pressured the Federal Reserve to not hike interest rates, a rare instance of popular pressure being applied to monetary policy. Fed Up made the case that there was no inflation pressure forcing them to raise rates and that doing so would suppress their already low wages.

Read the full article here.