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2min chapter
Blyth Returns
Open Source with Christopher Lydon
Introduction
Mark Blythe is an outspoken political economist at Brown University. He says two-thirds of the world make too much stuff and are net exporters. They have to sell it to someone else that would be the net importer, he says. The U.S. has the deepest financial and carbon markets which means we can supply them with endless amounts of different varieties of bits of paper in exchange for the cars, the televisions,. PPP during the pandemic and everything else that we get from them.
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