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the QTM holds for low inflation as well as for high inflation. We discuss how our findings relate to monetarism generally … ; monetarism ; quantity theory …
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1 -- Introduction: Strange Bedfellows and the Rise of Modern Money Theory -- 2. MMT Basics and the Sustainability of Money Financed Deficits -- 3. Institutional Specificity and the Limited Policy Relevance of Modern Money Theory -- 4. The Role of the Dollar as an International Currency and Its...
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of Economic Research at Mitsubishi UFJ Financial Group (Europe). His areas of expertise include monetarism in theory and …
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Introduction: Strange bedfellows and the rise of the modern money theory -- MMT basics and the sustainability of money financed deficits -- Institutional specificity and the limited policy relevance of modern money theory -- The role of the dollar as an international currency and its limits in a...
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