
#5 Rohan Grey: A Job Guarantee vs a Universal Basic Income
The MMT Podcast with Patricia Pino & Christian Reilly
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Intro
This chapter explores how money in a modern system is created by the currency issuer for taxes and government spending, emphasizing the importance of government's role in economic circulation. It discusses the concept of a job guarantee program as a solution to unemployment, while also addressing concerns about inflation, hyperinflation, foreign exchange rates, and central banking practices.
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