Could someone understanding modern monetary theory please explain to me the link between issuing new money and people getting poorer due to dropping currency exchange rates? How is making your population less able to purchase imported goods a lesser problem than "expanding productive capacity" of the state?
https://www.newstatesman.com/politics/greens/2025/12/the-case-for-zack-polanskis-economic-plan
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As for the article, not mentioning brexit along "Britain is the only advanced economy where economic inactivity has increased since the pandemic" feels exceptionally deceptive
