EPISODE · Nov 23, 2020 · 27 MIN
Never mind the deficit?
from Front Burner
Canada is spending a tremendous amount of money to get the country through the COVID-19 pandemic, but a growing movement says we can shed our old worries about the federal deficit. Modern monetary theory argues that since we control our own currency, the country can create more money and never go broke. Today, Front Burner examines this controversial idea and how it relates to Canada.
What this episode covers
Canada is spending a tremendous amount of money to get the country through the COVID-19 pandemic, but a growing movement says we can shed our old worries about the federal deficit. Modern monetary theory argues that since we control our own currency, the country can create more money and never go broke. Today, Front Burner examines this controversial idea and how it relates to Canada.
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Never mind the deficit?
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