What if the UK admitted it uses MMT and turned that into its superpower? - Richard Murphy

9th October 2025

What if the UK government admitted it already uses modern monetary theory?.

Would markets panic — or would we finally have the power to rebuild Britain?.

In this video, I explain:

Why MMT isn't a policy, but a fact.

How the "market panic" MMT would supposedly create is a myth.

How the UK could use MMT to invest, create jobs, and tackle inequality.

The truth is simple: the UK already creates money this way. The question is — how do we make that work for us all?