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The Rise And Fall Of Monetary Policy - Ian Macfarlane
The Joe Walker Podcast
The Advantages and Disadvantages of a Funded Deficit
Bond yields are so low that it's never been easier to fund a budget deficit. So governments can borrow it virtually no cost. If you wanted to go back to having an unfunded deficit without paying any interest, which is what the MMT people, I think, want to do, then you get some really big distortions.
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