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“...the question of how to pay for it is a very complicated question but has much less to do with money than it does to do with social structure and industrial structure. And the quicker we can get away from centering the taxpayer as the goose that holds the golden egg money and more towards the questions of labor and industrial structure that are really going to affect how we provide healthcare, I think we're going to be in a better place.” — Rohan GreyIn 2022, Real Progressives helped our coalition partners, March for Medicare for All, organize a three-day educational summit on the healthcare crisis in the US. This week's episode is from the panel we put together on paying for national improved Medicare for All, featuring Geoff Ginter, Yeva Nersisyan, and Rohan Grey.The panelists discuss:The meaning of currency user vs currency creatorThe money story and order of operationsFinancial restraints vs resource constraintsThe importance of deficit spendingPrivate vs public investment and inflationary constraintsPotential impact of policies on the economyThe truth about the so-called national debtSpecific to Medicare for All, they address the problem of transitioning workers out of administrative jobs in the insurance industry. They explain why Medicare for All is likely to be deflationary rather than inflationary. And they look to history to suggest ways of attracting healthcare workers to underserved locations.Geoffrey Ginter is a New Jersey based certified medical assistant, activist, and MMT evangelist. Yeva Nersisyan is an associate professor of economics at Franklin and Marshall College and a research scholar at the Levy Economics Institute at Bard College.Rohan Grey is an Assistant Professor of Law at Willamette University and the founder and president of the Modern Money Network. MintTheCoin.org@rohangrey on Twitter
a speech from Geoff Ginter at the Medcare for all I also read from realprogressives.org/donate I also read a page from MMTer richard murphy of the UK among other things a song called landlord by david rodvics https://youtu.be/7exRxM8FKrw (1) Inflation vs. Unemployment: Which Hurts the Economy More? - YouTube check them all out --- Send in a voice message: https://anchor.fm/youdownwithmmt/message
KRTD was honored to present the first panel discussion of the evening concerning economics and Modern Monetary Theory (MMT). We were joined by world famous MMT economist Stephanie Kelton and one of the original founders of MMT, Warren Mosler. We also spoke with Joe Firestone of the In-Depth show and #DumpTheIncumbents, Jeff Epstein of Activist #MMT - the podcast, Lisa Theobald of Knit The Revolution and the In-Depth show, Andy Kennedy of Macro and Cheese podcast, and long-time MMT activists and media contributors Ramona Massachi, Geoff Ginter, Mike Hall and Steve Larchuk. (Here's a link to .) This audio is edited. For full context, see the from which it comes.
KRTD was honored to present the first panel discussion of the evening concerning economics and Modern Monetary Theory (MMT). We were joined by world famous MMT economist Stephanie Kelton and one of the original founders of MMT, Warren Mosler. We also spoke with Joe Firestone of the In-Depth show and #DumpTheIncumbents, Jeff Epstein of Activist #MMT - the podcast, Lisa Theobald of Knit The Revolution and the In-Depth show, Andy Kennedy of Macro and Cheese podcast, and long-time MMT activists and media contributors Ramona Massachi, Geoff Ginter, Mike Hall and Steve Larchuk. (Here's a link to the second MMT panel.) This audio is edited. For full context, see the original video from which it comes.
Welcome to episode one hundred of Activist #MMT. Phew! Today I talk with standup comedian and progressive video podcaster, . When there's not a global pandemic, Ron and Graham Elwood join together for a comedy tour. They've traveled all over the United States as well as Australia. I had the pleasure of seeing them twice in Philadelphia in 2019. The third time would have been October 9th, 2021, were it not for the Delta variant... and our government not doing anything about... well, anything. Today, Ron and I talk about how he discovered MMT, especially through . It was recommended to him by Steven Hail, over beers the day after a live show with Graham in Adelaide, Australia, in late 2019. After describing his journey to MMT, Ron then expresses two of his concerns about MMT, regarding how to apply the theory and also with some of the practices of a small amount of its supporters. Among many other things, Ron and I dig into the major (but cordial!) disagreement we've had ever since . Despite knowing that taxes don't pay for stuff at the national level, Ron believes strongly that leveraging the idea is a valuable political messaging tool. I say it's counterproductive. Really counterproductive. Take a listen and see what you think. Beyond economics and politics, Ron and I share a love of music. For the past three years, I've been a small part of nearly every Ron Placone video and podcast, providing harmony for his theme song. In fact, the day this episode was recorded was the first that a new, more laid-back version of his theme, with new harmony, was debuted. Finally, at the very end of today's episode, after the closing theme music, you will hear Ron and my live performances in Philadelphia. We sing (the original version) of , and then . Ron is on the guitar and lead vocals, and I sing harmony, whistle, and play percussion. (With a big thanks to Geoff Ginter, the person who introduced me to MMT, for the guitar.) You'll find links to several episodes of Ron's show over the past three years, with both me and Steven Hail, in the show notes. A final thing regarding today's episode: a minor kind-of correction: the person with Steven Hail in Australia was Phil Lawn. I also want to mention that, as always, you will a find a duplicate of today's spoken introduction at the very (very) end of the episode. (It normally comes after the closing theme music.) This is for those who wish to hear it without even quiet music in the background. I started this more than a year ago at listener request. You can contact me directly on Twitter or at . If you like what you hear, please consider becoming a monthly patron of Activist #MMT. For as little as a dollar a month, all patrons get super-early access to nearly every episode. They also get the opportunity to ask my academic guests questions, and they also support the development of my , among several other things. To become a partition, you can start by visiting . Thanks. And now, onto my conversation with Ron Placone. Enjoy. Resources The where this episode comes from. Ron interviews Steven Hail in October, 2020: Some of my appearances on Ron's show:
Welcome to episode one hundred of Activist #MMT. Phew! Today I talk with standup comedian and progressive video podcaster, Ron Placone. When there's not a global pandemic, Ron and Graham Elwood join together for a comedy tour. They've traveled all over the United States as well as Australia. I had the pleasure of seeing them twice in Philadelphia in 2019. The third time would have been October 9th, 2021, were it not for the Delta variant... and our government not doing anything about... well, anything. Today, Ron and I talk about how he discovered MMT, especially through David Graeber's 2011 book DEBT. It was recommended to him by Steven Hail, over beers the day after a live show with Graham in Adelaide, Australia, in late 2019. After describing his journey to MMT, Ron then expresses two of his concerns about MMT, regarding how to apply the theory and also with some of the practices of a small amount of its supporters. Among many other things, Ron and I dig into the major (but cordial!) disagreement we've had ever since meeting in August of 2018. Despite knowing that taxes don't pay for stuff at the national level, Ron believes strongly that leveraging the idea is a valuable political messaging tool. I say it's counterproductive. Really counterproductive. Take a listen and see what you think. Beyond economics and politics, Ron and I share a love of music. For the past three years, I've been a small part of nearly every Ron Placone video and podcast, providing harmony for his theme song. In fact, the day this episode was recorded was the first that a new, more laid-back version of his theme, with new harmony, was debuted. Finally, at the very end of today's episode, after the closing theme music, you will hear Ron and my live performances in Philadelphia. We sing (the original version) of Ron's theme song, and then our cover of Tom Petty's Last Dance for Mary Jane. Ron is on the guitar and lead vocals, and I sing harmony, whistle, and play percussion. (With a big thanks to Geoff Ginter, the person who introduced me to MMT, for the guitar.) You'll find links to several episodes of Ron's show over the past three years, with both me and Steven Hail, in the show notes. A final thing regarding today's episode: a minor kind-of correction: the person with Steven Hail in Australia was Phil Lawn. I also want to mention that, as always, you will a find a duplicate of today's spoken introduction at the very (very) end of the episode. (It normally comes after the closing theme music.) This is for those who wish to hear it without even quiet music in the background. I started this more than a year ago at listener request. You can contact me directly on Twitter or at activistmmt@gmail.com. If you like what you hear, please consider becoming a monthly patron of Activist #MMT. For as little as a dollar a month, all patrons get super-early access to nearly every episode. They also get the opportunity to ask my academic guests questions, and they also support the development of my large collection of learn-MMT resources, among several other things. To become a partition, you can start by visiting patreon.com/activistmmt. Thanks. And now, onto my conversation with Ron Placone. Enjoy. Resources The original unedited video where this episode comes from. Ron interviews Steven Hail in October, 2020: Full video Segment: An MMT Q and A Segment: Do politicians pretend to not understand MMT? Segment: The importance of MMT for a Green New Deal Segment: How to push for an MMT future outside of electoral politics Some of my appearances on Ron's show: My original appearance: August, 2018 May 2020 MMT Monday, July 2021
Subscribe on Spotify ∙ Stitcher ∙ Apple ∙ Pocket Casts ∙ Google ∙ TuneIn ∙ RSSFurther reading* Yanis Varoufakis, And the Weak Suffer What They Must?: Europe's Crisis and America's Economic Future (2017). Puts the 21c economic and financial crises in the context of the history of the USA's global financial and military hegemony. In particular it explains how the US economy shifted from productive capital to finance capital in the 70s and 80s and how it manages to maintain its hegemony despite consistently running both trade and budget deficits.* David Harvey, A Brief History of Neoliberalism (2005). Explains what Harvey calls accumulation by dispossession, the policies, practices, and ideology of what's come to be known as neoliberalism.* Jeff Schmidt, Disciplined Minds: A Critical Look at Salaried Professionals and the Soul-battering System That Shapes Their Lives (2001). Details the power of class politics and class loyalty in the professional/managerial class and the sadomasochism that holds it together and separate from the rest of us. (PDF of whole book.)* Thomas Frank, everything he has written is relevant to this discussion. He has lots of articles in The Guardian that you can read for free. Recent books include Listen Liberal or Whatever Happened to the Party of the People and The People, No: A Brief History of Anti-Populism.* David Graeber, Debt, the First 5000 Years (2011) and lots of articles and a number of books by Michael Hudson describe our current financial and economic power arrangements relative to a broad historical view of human social organizations.* Randal Wray, A Great Leap Forward: Heterodox Economic Policy for the 21st Century (2020) and Stephanie Kelton, The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy (2020). Both explain how money really works and debunk the neoclassical economic theology that serves accumulation by dispossession.Pods* The Best Way to Rob a Bank Is to Own One – BILL BLACK on theAnalysis.news with Paul Jay. A nine-part series explaining standard forms of control fraud, i.e. more-or-less legally robbing the bank you work for or own.* Why Biden Won't Cancel Student Debt – Michael Hudson on theAnalysis.news with Paul Jay.* Debt Deflation and the Neofeudal Empire with Michael Hudson on Macro n Cheese with Geoff Ginter.* The Black Vote and The Bernie Sanders Movement with Glen Ford on Macro n Cheese with Geoff Ginter.* You should really watch the whole thing, but here's the headlines….Subscribe to Gas GiantsRSS https://api.substack.com/feed/podcast/311033.rss This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit gasgiants.substack.com
In this classic episode of Wine, Women, and Revolution, and Heather welcomes Geoff Ginter about the impacts of COVID on economics. If people would embrace Modern Monetary Theory we could do so much more to ameliorate when disasters like COVID happen.
Welcome to episode 21 of Activist #MMT. Today is part two of my conversation with fifth-year MMT activist Ryan Mathis, who is a first-year law student at the University of Austin, Texas. At twenty-three years old, he is one of the younger members of the millennial generation. This is a special two-part episode, with part one being released on the podcast Historic.ly, and part two on my own Activist #MMT. A full introduction can be found before part one. But for now, let’s get right back to our conversation. #EARTHRISE April 22nd marks the 50th Anniversary of the Earth Day Network. Unless we make drastic changes, very quickly, we now face potential climate and societal collapse. I, Jeff Epstein of Activist #MMT, and my fellow podcast hosts Steven Grumbine of Macro and Cheese, Geoff Ginter of MMT Mondays, and Christian Reilly and Patricia Pino of MMT Podcast in the UK, we all join PhD economist Fadhel Kaboub and organizer and Australia resident George Topalides, for #MMT4EarthDay2020. This is a global effort to bring MMTers together with various environmental activist groups, in order to discuss policies that will actually help to prevent and mitigate the depth of the crises we face, and to do so in a way that does not hide behind or become sabotaged by economic falsehoods. On April 15th MMTers march online. On April 22nd, we all come together to #EARTHRISE. You can find out more at earthrise2020.org, and facebook.com/MMTEarthDay2020. #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
In this episode, Heather interviews Geoff Ginter. You may remember Geoff from his previous appearance. Today, he is back to talk about the economic impacts of the COVID-19.
In this episode, Heather interviews Geoff Ginter. You may remember Geoff from his previous appearance. Today, he is back to talk about the economic impacts of the COVID-19.
Welcome to episode seventeen of Activist #MMT. Today is part two of my conversation with third year MMT activist and healthcare advocate, Geoff Ginter (Twitter/@geoff_ginter). Geoff is the person who introduced me to MMT in February of 2018. A full introduction can be found at the beginning of 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 sixteen of Activist #MMT. Today I talk with third year MMT activist and healthcare advocate, Geoff Ginter (Twitter/@geoff_ginter). Geoff is the person who introduced me to MMT in February of 2018. We traveled to and roomed together at both the 2018 and 19 MMT conferences in New York. Episodes three and four of this podcast were recorded during our car rides to and from the most recent conference. Geoff lives in the eastern-most portion of New Jersey’s third Congressional district, near the Jersey shore. I live, roughly, an hour due west of him, about one half-mile outside the western border of that same district. I’m also about 20 minutes from Philadelphia. In this two-part episode, Geoff talks about his journey to MMT, which was highlighted by his May 2017 confrontation with then Republican Congressman, Tom MacArthur. MacArthur‘s net worth is estimated to be as high as $50 million which he extracted from the sick and dying, as an executive in the for-profit health insurance industry. Absurdly, he is also the author of the amendment that brought the infamous and then-defeated TrumpCare back to life. The new version of the bill contained horrific details such as declaring acne and sexual assault to be pre-existing conditions. Geoff’s fiery 12 minute (and completely improvised) speech was seen by millions, resulting in many invitations for interviews. One of them was a livestream on the Facebook page Real Progressives, hosted by Jon Lancelot. Geoff chose to not wear glasses while talking with Jon and only afterwards saw the many viewer comments urging him to look into something called “MMT,” which he had not heard of at the time. With Jon’s guidance, he dove into the subject, eventually experiencing his lightbulb moment during a video by economist Stephanie Kelton called, “Angry Birds and Deficits.” Geoff also talks about how many popular uprisings have failed because, although it is clear that something is terribly wrong, there is little consensus or understanding of what the problem is. As Geoff says, you can’t escape your prison until you can clearly see the walls surrounding you. Modern Monetary Theory helps define the walls, so it is unsurprising the resistance it receives. Finally, Geoff and I discuss our concerns with current New Jersey third’s Democratic Congressman, Andy Kim. Kim defeated MacArthur by a razors edge in November 2018 and, in my estimation, Geoff’s viral confrontation with his Republican opponent played a significant role in that victory. Now, more than a year through his first two-year term, Kim has certainly performed “better than MacArthur,“ but that is quite the low bar. Kim strongly focused his year and-a-half campaign around progressive issues such as universal healthcare, earning him the endorsement of the prominent progressive organization, Bold Progressives. To this day, however, he still spends more time and energy worrying about the potential consequences of implementing universal healthcare, than about the millions of Americans who are, right now, suffering, dying, and going bankrupt because we don’t have it. As a federal representative, Andy Kim has access to any resource or expert on the planet. If he really wanted his constituents to have universal healthcare, he would have determined these answers and their solutions long ago. Before the music you heard then-high school student Daisy Confoy confronting Representative MacArthur at the same town hall, about an hour before Geoff. The full audio of this interaction, along with that of her classmate Joseph Zetkulic, and Geoff, can be found in a recently released bonus episode of Activist #MMT. Links to the accompanying videos can be found in this episode’s description. #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. 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 following is the full audio of Daisy Confoy, Joseph Zetkulic, and Geoff Ginter confronting then Republican Congressman Tom MacArthur, representing New Jersey's third Congressional district. These confrontations occurred at a town hall in May, 2017, in Willingboro, NJ and are discussed at length in episode 16 of Activist #MMT with Geoff Ginter.
A conversation with three fellow MMT activists (Iryna Rychko, Geoff Ginter, and Ryan Mathis) in our car ride home from the Third Annual International MMT Conference in Long Island, New York. We are four MMT activists (smart about MMT but not formally educated in economics) reflecting on the conference, and our hopes for the future. This car ride is on our way from our rental home, to dropping Iryna off at Laguardia Airport. Shout out to our two other housemates Erin Taylor and her husband Ron. Do you ever wonder how bold are the lies? That exit the mouths of our "fellow allies." They're paid to continue their sad little tries in order to get us to give up our rights. The bolder the lie, the more they will get by saying that spending's resulting in debt. The debt is a ledger, just simple spreadsheets containing decisions of wealthy elites. I know it's our money and now it is time to rid of the liars and take what is mine. – Iryna Rychko, inspired by Geoff Ginter and #MMTConf19 --- For $5+ patrons of Activist #MMT, this episode is being released to you exclusively, four days in advance of its public release. Enjoy and thank you for your support. For those not yet a patron, take a listen. Kick the tires. If you like what you hear, thank you for considering becoming a patron of Activist #MMT (here: https://www.patreon.com/activistmmt). $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. $10 patrons get much earlier access to episodes. In fact, as soon as I'm done editing them (the interview proper) and before I even get a chance to produce them (add in a spoken introduction and the bumper music. 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. 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
A conversation with fellow MMT activists Geoff Ginter and Ryan Mathis in our car ride up to the Third Annual International MMT Conference in Long Island, New York. We are three MMT activists (smart about MMT but not formally educated) discussing how we got into MMT and our hopes for the conference. Bonus: Christian Reilly is the co-host of MMT Podcast and a full-time musical comedian. At the very end of this episode, you will hear his new MMT song, Spending In The World As We Know It. Two #LearnMMT snippets from this episode: No. The US doesn't borrow the US dollar from China. A first year law student explains why taxes logically can't fund spending.
#LearnMMT snippet: Two MMT activists (Ryan Mathis and Geoff Ginter) explain that, no, the United States does not borrow United States dollars from China. This audio comes from around the 32 min 30 sec mark in episode 3 of Activist #MMT: Three activists (me, Geoff, and Ryan) on their way to #MMTConf19.
#LearnMMT snippet: a first-year law student explains why taxes logically can't fund federal spending. This audio comes from around the 28 min 30 sec mark in episode three of Activist #MMT: Three activists (me, Geoff Ginter, Ryan Mathis) on their way to #MMTConf19.
Geoff Ginter is on the podcast to explain the basics of MMT and how it can help all American citizens achieve a decent standard of life. --- Support this podcast: https://anchor.fm/AFDD/support
“How are We Going to Pay for It?” is the second part of WWR’s Modern Monetary Theory discussion. In this portion, Heather sits down with Geoff Ginter, an advocate for Modern Monetary Theory. Personal Finances Vs Federal He describes it as an antidote to poison, but with a caveat: “People will say: ‘Wow, this is...
“How are We Going to Pay for It?” is the second part of WWR's Modern Monetary Theory discussion. In this portion, Heather sits down with Geoff Ginter, an advocate for Modern Monetary Theory. Personal Finances Vs Federal He describes it as an antidote to poison, but with a caveat: “People will say: ‘Wow, this is...
Tyler Emerson talks with Geoff Ginter, a sharp advocate for single-payer health care in the U.S., and the economic lens known as modern monetary theory (MMT). Geoff became an online sensation in 2017 after a video clip went viral of his interaction with Rep. Tom MacArthur at a town hall in Willingboro, NJ, where he confronted MacArthur about his vote to repeal the Affordable Care Act. 1:29 - His confrontation with MacArthur 21:53 - The reality or myth of America’s greatness 31:04 - The quality of life in America relative to other rich nations 41:04 - What’s missing from the American story of freedom 54:28 - The economic lens of modern monetary theory (MMT) Music: Gymnopédie No. 1 by Erik Satie
Geoff Ginter of Real Progressives and Jeff Epstein of Citizens’ Media TV talk about wanting to teach Modern Monetary Theory to a world that doesn’t even know its a subject, let alone a critical one. About approaching those who don’t want to be approached, and those who confidently believe that we are completely and fundamentally wrong. The full story: http://citizensmedia.tv/2018/04/26/gjteachingmmt
A great discussion on the basics of Modern Monetary Theory (MMT) with someone who gets it (Geoff Ginter of Real Progressives) and someone just learning it (Jeff Epstein of CMTV and People Conversations). This audio is from a livestream broadcast on February 18th, 2017. Here is the original post, including its great discussion: https://www.facebook.com/events/110530939739049/permalink/110920943033382/
Sam is off in California at the Democratic Convention, so Adrienne and Anthony talk the Comey memo, Hillary's new dark money super PAC, and the bizarre conservative hiring practices of MSNBC. Plus, an interview with town hall superhero Geoff Ginter, whose confrontation of Rep. Tom MacArthur went viral.