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"Modern Monetary Theory" tag
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Modern Monetary Theory: unlimited money a thing of the future?

States with a currency of their own can never run out of money. That’s a core thesis of the Modern Monetary Theory which spilled over to Europe from the US. German economist Dirk Ehnts elaborates...

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Modern Monetary Theory: Higher debt with no consequences?

Most followers of Modern Monetary Theory believe that government debt can be dealt with by simply printing more money. But what works in some cases can have radical and unforeseen consequences. Larry Randall Wray thinks...