The MMT Podcast with Patricia Pino & Christian Reilly cover image

#1 A hypothecated tax for the NHS?

The MMT Podcast with Patricia Pino & Christian Reilly

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The Importance of Trade Deficits

A surplus or a deficit is not inherently bad. It depends on what's happening in your economy. If you have a high amount of exports it might be in your interest to take out more money from the economy than what you put in. In Germany, they run a surplus because some countries can't afford to run a surplus. The idea is like... As long as they're not too big.

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