
#131 Fadhel Kaboub: Free Trade Isn't Free: Food Sovereignty And Why It Matters
The MMT Podcast with Patricia Pino & Christian Reilly
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Introduction
The risk of inflation is determined by the availability of real resources. Once you run out of those real resources, additional spending will cause inflation. Investing in productive capacity not only creates more jobs, but allows you to tame the risk of inflation. We need to rethink how we produce resources for human sustenance. Ask people on the ground, actually struggling to find food in srilanka this week, how they feel about specializing and producing textiles for the global economy. It's an economic development trap.
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