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Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT

Bob Murphy Show

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The Importance of Government Budget Deficits for Private Saving

Right winger hard money types favor high savings it's because they like high investment, he says. The private sector doesn't borrow as much and its savings get absorbed by the government if deficit interest rates go up,. "It's often laid at the feet of private enterprise that it doesn't work," canes writes.

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