Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT
Bob Murphy Show
00:00
The Deficit Myth
Bob Greene: The MMT camp is to say, hey, guys, this isn't ideological. We're just telling you how the world works. He says governments can spend and there's nothing constraining them except for real resource limitations. That if you're talking like that, it shows you haven't gotten it yet, he says. Greene: A lot of smaller countries whose governments do issue their own national fiat currency are not considered monetary sovereigns in the MMT camp.
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