The MMT Podcast with Patricia Pino & Christian Reilly cover image

#4 Fadhel Kaboub: What is the Job Guarantee?

The MMT Podcast with Patricia Pino & Christian Reilly

CHAPTER

Explaining Modern Monetary Theory and Government Financing through the Example of World War II

This chapter delves into the principles of Modern Monetary Theory, illustrating how financially sovereign governments have unique powers in creating and managing money. It highlights the differences in financial operations between governments and individuals using the example of World War II in the United States.

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