Stone

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It is sheer folly to then force the private sector to solve the unemployment problem created by the government’s tax. The private sector alone will never provide (never has provided) full employment on a continuous basis. JG/ELR is a logical and historical necessity to support the private sector. It is a complement to, not a substitute for, private sector employment.
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Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems
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