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Macroeconomics never really mattered to me in either grad school program I completed because I truly thought the US Government had to borrow money from private banks & that the economy was dependent on the private sector. Then I was able to #LearnMMT & now I know its on Congress!
It all came together once I learned the very basic foundational truth that there are currency issuers and currency users. #LearnMMT
That the currency issuer could never go broke on debt denominated in it's own currency... unless their was a commodity peg (like gold) with convertibility associated with it. #LearnMMT
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