MMT Theory of Exchange Rate with Ivan Invernizzi

Macro N Cheese - A podcast by Steve Grumbine - Saturdays

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Is a dollar worth more in DC or NYC than in Idaho? Yes, it is. Guest Ivan Invernizzi, of ReteMMT Italia, focuses the MMT lens on exchange rates, showing how this is yet another way that workers get screwed, simply because of their employer’s distance from the central bank.