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The `Odd Lots' Crossover Episode
What Goes Up
MMT: A Hot Button Topic
Carol Masser: MMT would suggest that the way to beat inflation is raised taxes, right? Or cut spending, I guess, but probably raised taxes. But in practice viewing it through that framework, she doesn't think leads to different actions. She also questions its usefulness even more for emerging markets. Paul Volcker: The Fed's independence was built on this idea that like, well, politicians can't be assumed to do what's right.
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