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7min chapter
Marc Goldwein on the US Government Budget: Structure, Challenges, and Reform Strategies
Macro Musings with David Beckworth
The Cost and Impact of Modern Monetary Theory (MMT)
This chapter discusses the cost and impact of Modern Monetary Theory (MMT) during the low rate and low inflation period of 2020. The speakers emphasize the importance of policymakers understanding trade-offs and costs during times of crisis.
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