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Modern Monetary Theory Explained

Economics Explained

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The Limitless Cash Flow for Unlimited Prosperity

Modern monetary theory dictates that if policymakers truly understood their power to throw cash at any problem they encounter, they would be able to create a far more prosperous economy. But controlling the supply of cash in an economy and by extension is the primary role of a central bank. There are things like taxation which fill up this dam and there are things like government spending which releases it. It's all just money.

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