The MMT Podcast with Patricia Pino & Christian Reilly cover image

#31 Steven Hail: Understanding Government Bonds (Part 2)

The MMT Podcast with Patricia Pino & Christian Reilly

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Intro

This chapter delves into the role of government bonds through the lens of Modern Monetary Theory, suggesting that currency-issuing governments may not need to borrow. It also considers the implications for economic thought and policy as MMT gains traction in mainstream discourse.

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