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Monetary Policy and Modern Challenges
This chapter examines the complexities of monetary policy during economic downturns, focusing on events like the COVID pandemic and 2008 financial crisis. It discusses modern monetary theory (MMT), cryptocurrency's potential role in national deficits, and the significance of political stability on financial systems. Through personal anecdotes and reflections, the speakers address the challenges of government spending, budget cuts, and the rapid evolution of technology affecting job markets today.