\t\t\t\tHere is Episode 7 in our weekly MMTed Q&A series. This is the third- and final part of my discussion on the Job Guarantee with Dr Pavlina Tcherneva and in this episode we discuss the applicability of Job Guarantee to nations that have both fiscal and external deficits and are exposed to international currency markets. While such a nation faces somewhat different pressures from their external sector, the point remains that if they have their own currency, they can always ensure that all the available productive resources at their disposal can be fully employed. The catch is that that level of activity may not deliver a high standard of material prosperity. We discuss examples such as Indonesia, Pakistan, South Africa and Argentina.
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This is Episode 7 in the MMTed Q&A series.<\/p>\n
This week we continue my Zoom conversation with Dr Pavlina Tcherneva where we answered questions submitted by readers about the Job Guarantee.<\/p>\n