Special: Adam Tooze on Inflation and the Cost-of-Living Crisis
Jacobin Radio
00:00
Is Lendu of Last Resort Really Their Idea?
Central bankers are not converts to MMT or Neocainism. They are focused on the stability of the financial markets, which is why they do this. I don't think from a progressive point of view, there's really much of an argument against it. You would not want Lendu of last resort to fold its hands and say, 'I want to see you burn'
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