In this episode of the #mastersoffinancepodcast we have a look at Modern Monetary Theory which basically says the government deficits are lot less relevant than a household deficit because they can pay their debts with the money they print. There's a lot more to it than that and we have a look at why the purpose of deficits matter and some interesting policy ideas for governments of the future. #havealisten
Links to things mentioned in this episode:
Clarke & Dawe – Quantitative Easing - https://www.youtube.com/watch?v=j2AvU2cfXRk
Between universalism and targeting: Exploring policy pathways for an Australian Basic Income - https://journals.sagepub.com/doi/10.1177/1035304620964272
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