Sunday Jun 20, 2021
You have probably heard the term Modern Monetary Theory or MMT thrown around recently. It is all the rage with our overlords in Washington, D.C. But what is it?
In this episode we examine the destructiveness of MMT and learn that there is nothing modern about debasing your currency by printing worthless pieces of paper backed by nothing. We also learn that MMT is not a theory but more political propaganda backed by nothing resembling real economics or public policy.
Politicians who endorse it or do not oppose it vigorously are willfully negligent!
Show Notes
The Bob Murphy Show #18: Warren Mosler Defends MMT
The Bob Murphy Show #24 - Murphy Dissects His Discussion with Warrn Mosler
Human Action Podcast with Bob Murphy November 2020: MMT Explained
Ghana Becomes First Country to Officially End MMT Experiment
MMT: Not Modern. Not Monetary. Not a Theory - Jeff Deist
Deficit Myth: Modern Monetary Theory
Doug Casey Why Modern Monetary Theory will Destroy Money
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