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Magic Money Theory (Ft. Warren Mosler)

1Dime Radio

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Unpacking Modern Monetary Theory

This chapter explores the relationship between ideology and perception, particularly through the lens of Modern Monetary Theory (MMT). It challenges traditional views on government spending and taxation, emphasizing that the government does not need tax revenue to fund expenditures. Additionally, it discusses the implications of MMT on inflation, market dynamics, and the challenges of communicating these concepts to policymakers.

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