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14min chapter
WeWork, and Can the Government Really Print as Much Money as It Wants?
After Hours
Exploring Modern Monetary Theory and Government Spending
The chapter dives into the concept of Modern Monetary Theory (MMT) and its implications on government spending, deficits, and money creation. It challenges traditional views on economic policies, discussing the role of deficits, inflation, and the constraints on government spending based on productive capacity. The chapter also debates the practicality of implementing MMT, examining the need for active tax policies and the shifting dynamics between fiscal and monetary policies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode