
MacroVoices #275 Steve Keen: Inflation Will Not Run Away
Macro Voices
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Economic Disruptions and Climate Challenges
This chapter examines the impact of COVID-19 on global supply chains, particularly concerning critical commodities, and compares the current economic situation with past crises. It discusses the complexities of inflation, private debt, and Modern Monetary Theory, emphasizing the need for government intervention in addressing climate change. The conversation critiques current economic assessments of climate change and highlights the severe consequences of rising temperatures on production and human existence.
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