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Podcast: The Breakdown
Episode:

Why Emerging Markets Are Wary of Modern Monetary Theory
Category: Business
Duration: 00:07:57
Publish Date: 2020-11-08 23:00:00
Description:

Today’s Long Reads Sunday is a reading of Andy Mukherjee’s piece: “Why Emerging Markets Are Wary of a Modern Monetary Fix”.

The argument is that while Western governments debate just how far we can take the idea of money printing without paying a dubious price, for emerging-market governments there simply isn’t the same capacity to print their way out of problems.
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