#25 Ellis Winningham: Challenging Orthodoxy (part 3)
The MMT Podcast with Patricia Pino & Christian Reilly
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Rethinking Money: MMT Insights
This chapter explores modern monetary theory (MMT) and dispels misconceptions related to government spending and national debt. It emphasizes that governments manage digital currency rather than physical money, advocating for a shift in public discourse towards employment and sustainability. By clarifying key economic concepts like austerity and the nature of deficits, the chapter aims to reshape understanding around fiscal policy and its societal implications.
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