Day: September 30, 2019

Can MMT work in countries with a trade deficit?

MMT suggests governments can spend until we reach full employment. But does that work in smaller countries with a trade deficit?

Markets brush off all yesterday’s news; RBA cut expected

A quarter percent rate cut is expected from the RBA today. NAB’s Rodrigo Catril explains why, as well as examining the sharp fall in the Kiwi dollar and bad news expected from Japan today.

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