MODERN MONETARY THEORY (MMT)
As COVID-19 has forced governments around the world to implement unprecedented fiscal stimulus, Modern Monetary Theory (MMT) is gaining more traction as the justification for these programs and even future deficit spending. Others argue that policy makers are playing with fire and leading their constituents to inevitable hyperinflation and economic ruin.
We don’t have the answer at Real Vision, but that’s why we’ve taken the MMT debate head on to bring our members the top minds on both sides of the debate. In this pair of interviews with Stephanie Kelton, the public face of MMT, and Warren Mosler, the man who many argue developed the core ideas behind the theory, we attempt to help viewers understand the mindset and arguments of MMT’s biggest proponents. Whether you are an MMT skeptic or a true believer it pays to hear their ideas and consider the potential outcomes seriously because MMT may be coming to government budget near you whether you like it or not.
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