What does the #mmt acronym mean?
This was recently asked for the #glossary thread.
@alanz recently commented on the acronym clash between #mmt and Modern Monetary Theory.
The backstory is as follows. When @Kieran
and I were setting up a naming convention for referring to the project I had just watched this video by the Artist Taxi Driver singing about 'The Magic Money Tree', in reference to a phrase Theresa May was using about Jeremy Corbyn.
Trigger warning: shouty middle aged white man (the content is spot on if you can sit through that).
https://www.youtube.com/watch?v=xY5E4CI_ASE
After about 6 weeks I was speaking with a friend from a #cryptocurrency exchange who mentioned that the MMT acronym was already in use. We also wondered if this was perhaps known by the ghostwriters of Theresa May's and was a double stab at both Modern Monetary Theory AND Labour... who knows.
Lastly - once you have picked a name of something, it become increasingly unlikely that the name will change. So we attempted to find out different words which might fit #mmt
Some of these were:
{magic money tree, margins merkle trees, mutual margins tributaries, mutual margin tendencies, margarine margins together}
It's worth stating that the project has seen some major iterative shifts so
It's kinda like robinhoodcoop.org but involving #cryptocurrency speculation.
No longer really resembles the project very accurately. More on this in due course.