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Macroeconomics
“
when there is a line outside the Job Guarantee Office, you know you need to spend more; when there is not, you do not. And once in place as a programme, there is no need for new legislation in the face of every downturn.
”
― Modern Monetary Theory: Key Insights, Leading Thinkers
― Modern Monetary Theory: Key Insights, Leading Thinkers
“
MMT insists that full employment need not be sacrificed for price stability and that there are many tools available to the policymaker to start thinking about the things that matter – not budgets and accounting ratios, but public health, jobs, and the environment.
”
― Modern Monetary Theory: Key Insights, Leading Thinkers
― Modern Monetary Theory: Key Insights, Leading Thinkers
Life’s Box of Chocolates
"You never know what you're gonna get."
From sudden inflation spikes …more
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