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

The DemystifySci Podcast

NOTE

Long Term Success is a Series of Short Term Actions

Success in the long term is achieved through a series of short-term actions. Countries like China and India cannot immediately change their demand for resources, which can impact prices in the market. Market economics dictate that when demand is fixed, the price goes up, enabling countries like Russia to sell at higher prices. However, the speaker notes a lack of understanding of these basic market principles in some countries, highlighting a potential knowledge gap in economics among certain nations.

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