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Macroeconomics
“
Taxes reduce the demand for physical resources from the non-government sectors. Resources which then become available for purchase by the government in pursuit of the socio-economic programme it was elected to provide.
”
― Modern Monetary Theory: Key Insights, Leading Thinkers
― Modern Monetary Theory: Key Insights, Leading Thinkers
“
inflation is often a supply-side phenomenon with multiple
causes. Inflation generated by strong aggregate demand beyond full employment is rarely observed, apart from the immediate post-World War II (WWII) period.
”
― 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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