
#131 Fadhel Kaboub: Free Trade Isn't Free: Food Sovereignty And Why It Matters
The MMT Podcast with Patricia Pino & Christian Reilly
00:00
M M T's Approach to Inflation
M m t says, the risk of inflation is determined by a couple of factors. Once you run out of real resources, additional spending will cause inflation. The ultimate shock to a developing country is an external balance shock that hits your exchange rate and creates an inflation cycle. It can only be eliminated by taxing and regulating their market power out of existence.
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