11min chapter

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How Much Money Can We Print? - Warren Mosler, Modern Monetary Theory - DSPod #251

The DemystifySci Podcast

CHAPTER

Debunking Inflation Fears: Exploring Public Debt Nuances

The chapter challenges the narrative of public debt as a looming crisis by dissecting the relationship between deficit spending and inflation. Various examples from Japan, Zimbabwe, and America are used to illustrate how deficit spending does not always lead to inflation. The discussion also touches on the impacts of different economic policies like universal basic income and public employment on inflation and full employment.

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