Uncover the foundations of Modern Monetary Theory (MMT) and contemporary European macroeconomics. This essential book utilizes a unique balance sheet methodology to clarify money creation, government spending’s impact, and the interplay between central and commercial bank operations. Grasp the mechanics of fiscal and monetary policy from a fresh, practical angle. It offers a re-evaluation of the Eurozone crisis, focusing on private debt dynamics and fiscal policy’s role. Indispensable for Indian students, economists, and policymakers eager to master advanced macroeconomics and MMT principles.