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Modern Monetary Theory in Inflationary Times

Cato Podcast

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Inflation Is Here, and You Would Expect, if This Happens, Do This

Inflation is at its highest in forty years by most measures. Many people operating under the rubric of m m t ar had been advocating that with absent inflation or higher and higher than expected inflation. Now, with inflation where it is, i think it's tough for them since none of them were calling for higher taxes the time. They said, spend more. We don't needto raise taxes cause inflations low.

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