
#30 Steven Hail: Understanding Government Bonds (Part 1)
The MMT Podcast with Patricia Pino & Christian Reilly
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The Intricacies of Interest Rates and Economic Impact
This chapter examines the intricate relationship between interest rates and economic activity through modern monetary theory (MMT). It contrasts traditional views with MMT insights, discussing the implications of interest rate adjustments on various sectors, household debt, and overall economic growth.
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