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Tom Streithorst — The Radical Left-Wing Theory That the Government Has Unlimited Money

Summary:
Everyone knows governments need to tax before they can spend. What Modern Monetary Theory presupposes is, maybe they don't. Surprisingly decent article on MMT considering the dismissive headline. Covers most of the bases.ViceThe Radical Left-Wing Theory That the Government Has Unlimited Money Tom Streithorstht Ralph Musgrave

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Everyone knows governments need to tax before they can spend. What Modern Monetary Theory presupposes is, maybe they don't.
Surprisingly decent article on MMT considering the dismissive headline. Covers most of the bases.

Vice
The Radical Left-Wing Theory That the Government Has Unlimited Money

Tom Streithorst
ht Ralph Musgrave
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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