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Soaring U.S. Debt & Class Struggle

The Socialist Program with Brian Becker

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Debt Dynamics and Modern Monetary Theory

This chapter explores the complexities of government and consumer debt in the U.S., discussing its historical implications and modern interpretations through the lens of Modern Monetary Theory. It critically examines the role of government in money production, societal impacts of debt, and the potential risks associated with excessive money printing.

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