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The truth about Modern Monetary Theory

Listen to this episode from Richard J Murphy on Spotify. MMT describes how government spending and taxation work in fiat currency economies: no more, and no less. In this video, I explain why critics often get it wrong, why some of its fans overstate its merits, and why understanding it could change how we think about jobs, services, and growth.



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The truth about Modern Monetary Theory

https://open.spotify.com/episode/0jzZuiZuC0pIH8hA4ahgVh

Listen to this episode from Richard J Murphy on Spotify. MMT describes how government spending and taxation work in fiat currency economies: no more, and no less. In this video, I explain why critics often get it wrong, why some of its fans overstate its merits, and why understanding it could change how we think about jobs, services, and growth.



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https://open.spotify.com/episode/0jzZuiZuC0pIH8hA4ahgVh

The truth about Modern Monetary Theory

Listen to this episode from Richard J Murphy on Spotify. MMT describes how government spending and taxation work in fiat currency economies: no more, and no less. In this video, I explain why critics often get it wrong, why some of its fans overstate its merits, and why understanding it could change how we think about jobs, services, and growth.

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