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The Deficit Myth with Stephanie Kelton — what to ask when governments can't afford to fix things.

Big Ideas

CHAPTER

Balancing Inflation with Capacity Building and Government Deficits

The chapter explores the role of investing in capacity building to balance demand and supply, while discussing how government deficits can coexist with low inflation rates. It delves into Modern Monetary Theory (MMT) and its implications for responsible government spending and inflation management, within the context of a Trump presidency and potential future tax cuts.

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