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SCOUT· 60%27m·2026-02-16·Money

Modern Monetary Theory: Free Money or Fiscal Fantasy?
Merryn Talks Money
Merryn Somerset Webb speaks with Panmure Liberum Chief Economist Simon French to unpack Modern Monetary Theory—the idea that governments issuing their own currency can spend freely, constrained only by inflation. They explore whether the pandemic offered a real-world test of MMT, why fiscal policy may be too blunt a…
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