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Why Emerging Markets Are Wary of Modern Monetary Theory

CoinDeskbyCoinDesk
November 10, 2020

While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.

The argument is that while Western governments debate just how far we can take the idea of money printing without paying a dubious price, for emerging-market governments there simply isn’t the same capacity to print their way out of problems.

Read The Original Article on CoinDesk

Tags: MMTPeoplePodcastsThe Breakdown

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