1min chapter

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The ABCs of Inflation

Free Thoughts

CHAPTER

Monitary Policy Is Running by the Fiscal Policy

Fiscal policy is being run by the fiscal authorities as opposed to vice versa. A lot of modern monetary theory rhetoric is highly misleading, he says. He argues that there's no feasible limit on how high the debt can go or at least they're not approaching it. "It seems that particularly the democrats, can't stop proposing more spending bills"

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