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by RC_ITR
1742 days ago
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How old is a '3% of GDP trade deficit'? Also far younger than taxation? The nature of capital and it's relationship to political states is rapidly evolving due to technology and globalization. I'm not saying MMT is the whole cloth correct response to that evolution, but implying that the supply and demand for capital resembles the state of affairs even 25 years ago is myopic. |
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