Podcasts about american monetary institute ami

An alternate title for this episode could be “Back to Basics.” It reminds us why Randall Wray’s MMT Primer continues to be a definitive resource for the Macro & Cheese community. This 2017 interview came about when the American Monetary Institute (AMI) published an article critiquing MMT. Randy Wray was mentioned and quoted throughout, so Steve invited him on to set the record straight — and maybe shed some light on AMI and its theory of “positive money.” If you don’t come away with a clear understanding of it, it’s because Randy himself can’t always get to the bottom of AMIs logic. It turns out they have some less than pristine methodology. It’s hard to assess the strength of their theory when you can’t pin down the theory. They don’t even produce balance sheets. AMI wants the Treasury to print greenbacks because they posit that the Federal Reserve is private and independent, with full control over the US dollar. Randy explains that we do, indeed, have a sovereign currency, and suggests that we read the Federal Reserve Act of 1913. The Fed is a creature of government, under the control of the Congress. Its very limited independence consists of the freedom to set overnight interest rate targets. It’s easier for Randy to debunk AMI’s critique of Modern Monetary Theory, and a large part of the interview takes us through the fundamentals of MMT — how money is created, the differing roles of the Treasury and the Fed, the causes of hyperinflation, sectoral balances, and why the US will always have a trade deficit. In our lifetimes, at least. We end with a long discussion of solutions to inequality. Since taxing the rich is politically unfeasible, Randy says a better way to reduce their wealth is to attack it at its source, where vast wealth is amassed. He wants to forbid corporations from buying back their stocks. Corporate CEOs and upper management receive outsized compensation in the form of stock options. Corporations spend more on stock buybacks than on investment in plants and equipment, which would create jobs. The buybacks raise the value of the shares, then the CEOs exercise their stock options for huge amounts of money. There’s no reason to allow it. This is an episode you’ll want to listen to right before trying to explain MMT to your uncle. Better yet, send him the link. L. Randall Wray is a Professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute. http://www.levyinstitute.org/scholars/l-randall-wray https://neweconomicperspectives.org/modern-monetary-theory-primer.html Steve Grumbine says this article changed his life. Check it out: https://neweconomicperspectives.org/2014/05/taxes-mmt-approach.html

Welcome to episode nineteen of Activist #MMT. Today is part two of my conversation with PhD political scientist, author, and MMT-er Joe Firestone. Joe and I talk about the core differences between Modern Monetary Theory and Monetary Reform. Monetary Reform is a movement represented and promoted by organizations such as Positive Money in the U.K. and the American Monetary Institute (AMI) in the United States. This is also the second in a larger four part series on these differences. Parts three and four are with prominent Monetary Reform advocate Dan Sullivan. A full introduction to this episode can be found before part one. #LearnMMT For an overview of Modern Monetary Theory (MMT) with many reliable sources to learn more, here is a good place to start: On the web: My layperson intro with many expert sources listed at the bottom. On Twitter: My massive pinned tweet with expert sources and layperson tutorials. On Facebook: Follow this podcast :) The pinned post contains the above web-article. Also, the pinned post on Modern Monetary for Real Progressives contains a wealth of information. Please become a monthly patron of Activist #MMT We shouldn't have to beg, but we do have to beg. So it's not *that* we beg, but *who* we beg. I am choosing to beg you, my listeners, to financially support this show. $1 patrons are very much appreciated. Every little bit helps. Thank you. $5 patrons get exclusive access to episodes (generally) four days before they are released to the public, and exclusive "patron only remixes". $10 patrons get much earlier access to episodes – sometimes weeks in advance. To be clear, all episodes of Activist #MMT are free for all, forever. Patrons only get the opportunity to hear them before the public. Take a listen. If you like what you hear, thank you for considering becoming a patron of Activist #MMT (here: https://www.patreon.com/activistmmt). ✌️, ❤️, and #MMT

Welcome to episode eighteen of Activist #MMT. Today I talk with PhD political scientist, author, and MMT-er Joe Firestone. In this two-part conversation, Joe and I talk about the core differences between Modern Monetary Theory and Monetary Reform. Monetary Reform is a movement represented and promoted by organizations such as Positive Money in the U.K. and the American Monetary Institute (AMI) in the United States. MMT and Monetary Reform disagree strongly on both how to define the problem and its solution. Monetary Reformers believe that because of the outsized influence that private banks hold over our governments, our monetary system is irredeemably flawed and must be completely overhauled. AMI's recommended version of Monetary Reform is the NEED Act, a 2011 bill introduced by former Ohio representative Dennis Kucinich. The bill had no co-sponsors and was not introduced on the floor of the House for a vote. In 2010, the United States Green Party adopted Monetary Reform into its bylaws, making it as important a priority as policies such as single payer healthcare and a Green New Deal. A proposal for the Green Party to instead recognize MMT was sponsored by the Nebraska Green Party and written by Nebraska Green Party member Shane Fry, along with Firestone and economist Fadhel Kaboub. The proposal was unfortunately soundly defeated in December 2018. Here are Firestone's thoughts on the subject. Today's episode is actually the first in a larger four part series comparing MMT with Monetary Reform. Parts three and four are with prominent Monetary Reform advocate Dan Sullivan. This episode was recorded in January 2019 and was part of a month of research, the goal of which was to write an article explaining the core differences. I actually finished the article at that time but it was never released. It is now published to accompany this first episode with Joe. Finally, it is clearly not possible for both MMT and Monetary Reform to be correct. I believe and trust the work of the MMT economists when they say that MMT is right and Monetary Reform is wrong. Doing this research and writing this article is my effort to better understand and define the problem, so someday I can make the decision for myself. My conversations with Joe were recorded as episodes of his own Facebook video program "In Depth with Joe Firestone." [A link to the original livestream is in the show notes.] Here is a link to the original livestream. #LearnMMT For an overview of Modern Monetary Theory (MMT) with many reliable sources to learn more, here is a good place to start: On the web: My layperson intro with many expert sources listed at the bottom. On Twitter: My massive pinned tweet with expert sources and layperson tutorials. On Facebook: Follow this podcast :) The pinned post contains the above web-article. Also, the pinned post on Modern Monetary for Real Progressives contains a wealth of information. Please become a monthly patron of Activist #MMT We shouldn't have to beg, but we do have to beg. So it's not *that* we beg, but *who* we beg. I am choosing to beg you, my listeners, to financially support this show. $1 patrons are very much appreciated. Every little bit helps. Thank you. $5 patrons get exclusive access to episodes (generally) four days before they are released to the public, and exclusive "patron only remixes". $10 patrons get much earlier access to episodes – sometimes weeks in advance. To be clear, all episodes of Activist #MMT are free for all, forever. Patrons only get the opportunity to hear them before the public. Take a listen. If you like what you hear, thank you for considering becoming a patron of Activist #MMT (here: https://www.patreon.com/activistmmt). ✌️, ❤️, and #MMT

The Book Discussed: The Lost Science of Money / The Mythology of Money - The Story of Power by Stephen Zarlenga Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform (and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year). Jan Irvin (author and host of the GnosticMedia podcast) conducted four detailed interviews with Zarlenga... Episode #041: "Money's Dirty Little Secret: an interview with Stephen Zarlenga" part 1 Episode #057: "Why Gold & Silver are NOT the Answer" - an interview with Stephen Zarlenga, part 2 Episode #067: "A Response to the Austrian School: an interview with Stephen Zarle... part 3 Episode #088: "Silver & Gold" - an update with Stephen Zarlenga, part 4 This podcast features: Brett Veinotte, Host of the School Sucks Podcast Jan Irvin, Host of the Gnostic Media Podcast Paul Verge, Writer/Director/Producer, Divergent Films Canada Richard Grove, Tragedy and Hope dot com

Peace Revolution episode 012: Origins of Money / A Virtual Round-Table Discussion  The Book Discussed: The Lost Science of Money / The Mythology of Money - The Story of Power by Stephen Zarlenga Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform (and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year).Jan Irvin (author and host of the GnosticMedia podcast) conducted four detailed interviews with Zarlenga...Episode #041: "Money's Dirty Little Secret: an interview with Stephen Zarlenga" part 1Episode #057: "Why Gold & Silver are NOT the Answer" - an interview with Stephen Zarlenga, part 2Episode #067: "A Response to the Austrian School: an interview with Stephen Zarle... part 3Episode #088: "Silver & Gold" - an update with Stephen Zarlenga, part 4 This podcast features: Brett Veinotte, Host of the School Sucks Podcast Jan Irvin, Host of the Gnostic Media Podcast Paul Verge, Writer/Director/Producer, Divergent Films Canada Richard Grove, Tragedy and Hope dot comDownloadStephen Zarlenga's website is http://www.monetary.org/Source: The Peace RevolutionAired: 12/02/10 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.

The Book Discussed: The Lost Science of Money / The Mythology of Money - The Story of Power by Stephen ZarlengaStephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform (and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year). Jan Irvin (author and host of the GnosticMedia podcast) conducted four detailed interviews with Zarlenga... Episode #041: "Money's Dirty Little Secret: an interview with Stephen Zarlenga" part 1 Episode #057: "Why Gold & Silver are NOT the Answer" - an interview with Stephen Zarlenga, part 2 Episode #067: "A Response to the Austrian School: an interview with Stephen Zarle... part 3 Episode #088: "Silver & Gold" - an update with Stephen Zarlenga, part 4This podcast features:Brett Veinotte, Host of the School Sucks PodcastJan Irvin, Host of the Gnostic Media PodcastPaul Verge, Writer/Director/Producer, Divergent Films CanadaRichard Grove, Tragedy and Hope dot com

Part 4: This episode is titled "An Update Interview with Stephen Zarlenga - pt. 4" and is being released on Tuesday, August 24, 2010. My interview with Stephen Zarlenga was recorded on August 24, 2010.This is an update (part 4) of our series with Stephen Zarlenga looking deeper into the fundamental concepts of money: What is money and how is it defined? What is the difference between money and credit? What is the history of money? And why is any of this important for YOU to understand, and how could it possibly affect YOUR life?Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year. If you have not already read his book, it is an absolute must read.So don't attack the messanger, instead go out and buy the book and learn for yourself exactly how and why those who promote the gold standard are lying to you. DownloadStephen Zarlenga's website is http://www.monetary.org/Source: Gnostic MediaAired: 8/24/10 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.

Stephen Zarlenga is Director of the American Monetary Institute (AMI), a publicly supported charity involved in conducting research on the nature of money, its role in controlling societies, and the importance of reforming a broken system to achieve economic justice. Zarlenga is a noted expert on issues related to finance, securities, insurance, mutual funds, real estate, and futures trading. He's written 20 books on money, banking, politics and philosophy, including "The Lost Science of Money" that "exposes the mythology created to protect those who are embezzling from society" by controlling the nation's money. The result is a structurally corrupted political economy with elected officials the handmaidens of Wall Street, an unprecedented wealth disparity between the rich and most others, and a society in decay heading for ruin and tyranny unless stopped. That topic will be discussed and Zarlenga's prescription for change.DownloadStephen Zarlenga's website is http://www.monetary.org/Source: Republic Broadcasting NetworkAired: 1/22/10 12:00 AMSource: Progressive Radio NetworkAired: 1/25/10 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.

Part 2: This show is being released on Monday, the Solstice, December 21, 2009. My interview with Stephen Zarlenga was recorded on Dec. 15, 2009. This is part 2 of our series with Stephen Zarlenga where we look deep into the fundamental concepts of money: What is money and how is it defined? What is the difference between money and credit? What is the history of money? How does it tie to religion, government and private business? Is nationalizing the money system socialist, and does this concept of money ignore "the libertarian issue"? What is FIAT money? Is there a difference between private versus nationalized banks and how they operate? Has there ever been a society on the gold standard that did not fall to slavery or serfdom? And why is any of this important for YOU to understand, and how could it possibly affect YOUR life?Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year. If you have not already read his book, it is an absolute must read. So don't attack the messanger, instead go out and buy the book and learn for yourself exactly how and why those who promote the gold standard are lying to you.Frontline: The Warning http://www.pbs.org/wgbh/pages/frontline/warning/view/DownloadStephen Zarlenga's website is http://www.monetary.org/Source: Gnostic MediaAired: 12/20/09 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.

Part 1: One of the factions that controls nearly every moment of our lives is hardly understood by the large majority of the population. To gain an understanding of today's topic deepens our understanding of the world and how it works and exactly what we can do to effect change when and where needed. Our deepening investigation into the freedom of consciousness cannot go without a deeper understanding of what we all use for exchange or trade - money. Exactly how we define the word 'money' defines our very society and affects nearly every facet of our lives. It also tells us exactly what we can expect from our political representatives. All we need is to understand the language of money. Beginning today in this detailed two part series we begin to look into the fundamental concepts of money: What is money and how is it defined? What is the history of money? How does it tie to religion, government and private business? What is the difference between credit and money? What is FIAT money? Is there a difference between private versus nationalized banks and how they operate? And why is any of this important to YOU? And how could it possibly affect YOUR life?Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year. DownloadStephen Zarlenga's website is http://www.monetary.org/Source: Gnostic MediaAired: 08/30/09 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.