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Venezuela, the Weimar Republic and Zimbabwe prove MMT is true
Manage episode 444453544 series 3475482
It’s said that states that have suffered hyperinflation prove that modern monetary theory is not true. However, the exact opposite is the case. They demonstrate that the conditions that MMT says must exist for a well-managed economy to function are correct.
166 bölüm
Manage episode 444453544 series 3475482
It’s said that states that have suffered hyperinflation prove that modern monetary theory is not true. However, the exact opposite is the case. They demonstrate that the conditions that MMT says must exist for a well-managed economy to function are correct.
166 bölüm
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