Robert P. Murphy questions MMT assumptions on USD demand

Robert P. Murphy questions MMT assumptions on USD demand
@BobMurphyEcon: Murphy questions USD demand

Robert P. Murphy raises a question about the impact of a hypothetical tax rate change on investor behavior. He explores the potential effects on USD-denominated asset demand if the US government reduced the income tax rate to a flat 10 percent. Murphy's inquiry is particularly directed at those identifying with Modern Monetary Theory (MMT) due to their unique perspectives on money.

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