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The Pakistani Economy after the Floods - Uzair Younus - #TPE 201

The Pakistan Experience

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The Importance of Monetary Sovereignty

MMT is a stepheni kaltenki zabadaskitavas, podcast, beyond lectures. It's a very interesting take on new economics basically. Debt you have would denominated as Kipni currency in the U.S., Japan and UK. In that instance, the state can run large deficits funded through printing of money. A lot of this has to do with a ginormous fiscal deficit that was run by the state which was then fulfilled. The gap was fulfilled by the state bank running an easy monetary policy through an increase in M2 money supply.

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