
Do Deficits Matter? (MMT Explained)
The Rhodes Center Podcast with Mark Blyth
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The National Debt Is a Debt, You Know?
The national debt is part of the net money supply, so there's nothing to pay back. The bond sales themselves are voluntary and you don't have to sell treasuries in the first place. You can always write different numbers in the military buget if that's your thing. There's no fixed stock of dollars because there's always a surplus somewhere else in the system.
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