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How Much Money Can We Print? - Warren Mosler, Modern Monetary Theory - DSPod #251

The DemystifySci Podcast

CHAPTER

Understanding Public Debt and Government Spending

Delving into the concepts of public debt, government spending, taxes, and their interconnected roles in maintaining economic stability. The chapter explores historical examples, like Pompeii, to illustrate the impact of governmental policies on the economy and individual decisions. It discusses the influence of government spending on prices, inflation, and the value of currency, emphasizing the delicate balance between public debt, deficits, and economic equilibrium.

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