Front Burner is your essential daily news podcast, brought to you by CBC News & CBC Podcasts. Every weekday Front Burner takes you deep into the stories shaping Canada and the world.
Canada is spending a tremendous amount of money to get the country through the COVID-19 pandemic, but a growing movement says we can shed our old worries about the federal deficit. Modern monetary theory argues that since we control our own currency, the country can create more money and never go broke. Today, Front Burner examines this controversial idea and how it relates to Canada.