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"Pretty much every country" couldn't possibly employ "mmt practice" - a significant number of countries don't have sovereign currencies. That's ignoring the fact that MMT is descriptive rather than prescriptive, it doesn't have practices, it is a theory used to describe how a modern economy with sovereign fiat currency works.

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I said developed country which is a pretty major distinction. Maybe my definition is off but it appears to prescribe the printing of currency which is consistent with what we've seen in most major economies and low and behold - we have rising inflation and wealth inequality.

Most of Europe doesn't fit in with your idea of "developed countries" though. Printing currency in order to have more money is as old as currency itself, what does that have to do with MMT? Give me a citation or quote where someone is advocating just printing more money as the MMT solution to anything.

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