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How Much Money Can We Print? - Warren Mosler, Modern Monetary Theory - DSPod #251

The DemystifySci Podcast

CHAPTER

Understanding Modern Money Creation

The chapter delves into the intricacies of modern money creation by the government, dispelling common misconceptions about deficit spending, taxation, and public debt. It explains how money is issued, circulated, and recovered through taxes, emphasizing the role of the Federal Reserve in the process. The discussion challenges traditional notions of government financing and highlights the importance of comprehending the dynamics of monetary policy in today's economy.

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