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Weekly market commentary by Hedge Fund Manager Erik Townsend and interviews with the brightest minds in the world of finance and macroeconomics. Made possible by funding from Fourth Turning Capital Management, LLC
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Thursday Oct 22, 2020
Thursday Oct 22, 2020
MacroVoices Erik Townsend and Patrick Ceresna welcome Stephanie Kelton to the show to discuss how Modern Monetary Theory can enable more, not less government spending using the power of central banks to conjure new money supply out of thin air to finance government spending, without necessarily raising taxes or borrowing from foreigners.
Link: https://bit.ly/31x0ZhV
Comments (2)
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I'm now dumber for having listened to this MMT tripe.
Monday Oct 26, 2020
Enjoyed the podcast. On your analysis with an MMT inflation lag ... the main thing that comes to mind is production. If people build up savings, that's where the lag comes in because they could all spend it at once later. As for a hyperinflationary collapse though, it would take extensive productivity destruction or refocusing, like from a war, or excessive and punishing debt in foreign currencies or gold - like the Weimar governments punitive post WW1 payments.
Friday Oct 23, 2020
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