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Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, by L. Randall Wray

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while at the individual level, income causes spending, at the aggregate level, spending causes income.

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Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems

Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems

by L. Randall Wray

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