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on 2 February 2014
The book focuses very much on trying to develop a theory of fiat money. While some of the points of this book, especially the discussion on repo's and overnight rates lacks proper context, the book itself manages to be fairly great due to the way content is presented. Where views of interest to many are cited and then debunked(perhaps not perfectly convincingly). Its a fun read and very iconoclastic.
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on 14 September 2015
This is an important book. It provides a readable introduction to Modern Monetary Theory, and completely undermines the case for austerity.
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on 13 October 2015
A very clear & accessible description of the mechanisms of fiat money & MMT in understandable terms.
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