Jerome Powell said "The idea that countries that borrow in their own currency can't get into trouble is just wrong. And the idea that debt does not matter is also wrong." @ PoliticalQuotes.com

On the recordNovember 19, 2019

The idea that countries that borrow in their own currency can't get into trouble is just wrong. And the idea that debt does not matter is also wrong.

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Republican · District of Columbia

Source

Jerome Powell emphasized the risks of modern monetary theory regarding national debt.

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I do think that’s right.

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