Macro Musings with David Beckworth cover image

Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Macro Musings with David Beckworth

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The Argument for Fiscal Policy in an MMT World

The argument for fiscal policy isn't that interest rates are going to be low for so long. The argument is a kind of more fundamental one that we can manage the economy differently, he says. " taxing to reduce demand is very different and has different implications than taxing for revenue"

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