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  • And taxation is a means of mopping up the excess of government spending over production, thus reducing the risk of inflation - the same job as interest rates do on the monetary policy sideBlimey Frances I knew you were sort of sympathetic to MMT but thats smack you in the face head on MMT. Thats 2 of us in NW Kent then lol.ReplyDeleteJohn H.5 February 2013 at 04:09Great post, Frances.
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