US government expenditures are continuing to increase far beyond COVID-19 support needs. At the same time, economic activity is declining, and as a result, tax revenues. As a result, the government fiscal deficit is ballooning out of control.
Will Modern Monetary Theory survive?
If it fails, how do we dig our way out of a $30 trillion hole?
This deep dive into the cause and effects of inflation gives you starting point information you will need to begin understand digital currency as we go forward into the brave new world ahead.
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