The notion of free money for all is a deeply seductive one. Photo: EPA
Opinion
Opinion
Abacus by Tom Holland
Even in China, there’s no magic money tree. Modern monetary theory is an illusion
- Can governments really just print money to fund public spending? Only if you want to end up like Venezuela or the Soviet Union
Updated: Monday, 4 Feb, 2019 10:15am
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The notion of free money for all is a deeply seductive one. Photo: EPA
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