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the Progressive Economics Forum

There’s No Free Lunch When it Comes to Government Spending

on September 10th, 2019 by

Modern monetary theory advocates argue the government should have a magic wand to conjure up money out of thin air Left to their own devices, politicos every now and then come up with a theory that allows them to promise free lunches. Modern monetary theory (MMT) is all the rage in the United States and

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