Podcasts about Modern Monetary Theory

The national deficit usually feels like an abstract talking point: America's permanent credit card bill that just keeps getting bigger, without ever coming due.But suddenly, our national debt has a real cost. As President Donald Trump's proposed tax cuts threaten to add trillions to the deficit, every major credit rating agency has now downgraded the United States' credit rating, suggesting that the U.S. is no longer a reliable borrower — a move with potentially disastrous, far-reaching consequences for the global economy.To unpack what's at stake, David Sirota sits down with Stephanie Kelton, a world-renowned economist and pioneer in Modern Monetary Theory, to ask her big questions: What does a credit downgrade mean? Should we really be thinking about America's spending and debt like it's a household budget? And how exactly could too much national debt bankrupt the country? The answers, argues Kelton, necessitate transforming our perception of money itself.

Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts. Articles and resources mentioned: Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray by Per Bylund. MMT and US History: Redefining Chartalism by Joshua Mawhorter.MMT, Chartalism, and the Colonial Experience by Joshua Mawhorter.How the Classical Gold Standard Fueled the Rise of the State by Ryan McMaken.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Joshua Mawhorter joins us to talk about how the fiat-money theories of Modern Monetary Theory and chartalism aren't supported by the historical facts. Articles and resources mentioned: Is It Money Because It Is Redeemed in Tax Payments? A Response to Kelton and Wray by Per Bylund. MMT and US History: Redefining Chartalism by Joshua Mawhorter.MMT, Chartalism, and the Colonial Experience by Joshua Mawhorter.How the Classical Gold Standard Fueled the Rise of the State by Ryan McMaken.Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

In Episode 90 of Dad Bod History, the dads return to the mic to break down the tangled issues dominating headlines in 2024. From the controversial rise of Modern Monetary Theory to America's ever-growing debt, they explore why meaningful reform remains out of reach. Immigration enforcement, policy failures, and the strange Trump-Musk relationship all get the Dad Bod treatment—with history, context, and a healthy dose of skepticism.Topics include: – The economic impact and critiques of Modern Monetary Theory – A historical look at U.S. debt and deficits since 2000 – Why both parties avoid true immigration reform – The evolving political dynamic between Trump and Elon Musk – Media, loyalty, and political perception in modern AmericaMemorable Quotes:

We’re experimenting with something. As we work toward a complete breakdown of the federal budget in a comprehensive essay and companion episode, we’re bringing our audience into the content creation process. We have a feeling this is going to be one of our behemoth entries into the canon (and potentially a two-parter.) So rather than overwhelm everyone with information in one shot, we thought it would be useful to break it apart as we go. The first two entries made it to YouTube already but I’m packaging them up in a single episode today. The first is how the GOP budget disproportionately impacts red states. And not in a good way. The second brings us back to our Modern Monetary Theory (MMT) discussions and reframes the way we think about the national debt. Both are crucial building blocks in our understanding of the federal budget. Access the episode resources. Chapters Intro: 00:00:36 Red State: Fucked. 00:01:30 We Solved the Debt Crisis: 00:06:39 Post Show Musings: 00:21:49 Outro: 00:25:05 Resources Congress: H.R.1 - 119th Congress (2025-2026): One Big Beautiful Bill Act Bipartisan Policy Center: Federal Balancing Act White House: Fiscal Year 2026 Discretionary Budget Request Jacobin: Trump’s Budget: Starving Everything Except the Military Bloomberg Television: Millstein on US Downgrade, Tariffs, Trump Tax Bill PBS News: What’s inside the House GOP’s budget bill? Here’s a look Congress: H.Con.Res.14 PGPF: Chart Pack: The U.S. Budget PGPF: What Is Budget Reconciliation? The Conference Board: Reforming the Broken Federal Budget Process NACO: U.S. House passes reconciliation bill: What it means for counties Bipartisan Policy Center: What’s in the FY2025 Senate Budget Resolution Georgetown CCF: Medicaid and CHIP Cuts in the House-Passed Reconciliation Bill Explained Reuters: US Treasuries: Who owns US debt? UNFTR Resources Modern Monetary Theory. Stock Buybacks Surge. Updated Tax Evasion Figures. Video: GOP Spending Bill is a Red State Bloodbath Video: Big Bullsh*t Bill adds $2.4 trillion to National Debt 5NN -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.Support the show: https://www.buymeacoffee.com/unftrSee omnystudio.com/listener for privacy information.

**This Tuesday evening, C. Derick Varn will join us for Macro ‘n Chill, our weekly community gathering. While listening to this episode, folks will have the opportunity to ask questions and engage in discussion. June 10th, 8 pm ET/5 pm PT Click HERE to register This episode is the first of a two-part discussion delving into historical splits within socialism. C. Derick Varn, the host of Varn Vlog, has an extensive background in philosophy, anthropology, and history. He takes us from the First and Second Internationals to the ideological divergences of Trotskyism and Stalinism. He also discusses the factions within Leninism, the impact of World War I on socialist strategies, and the emergence of Trotskyist and Marxist-Leninist thought. The episode navigates through key historical figures, including Lenin, Trotsky, and Stalin. Of course it wouldn't be Macro N Cheese without a look at Modern Monetary Theory and its place in a discussion of socialist theory. C. Derick Varn is a poet, teacher, and political theorist. He is the host of Varn Vlog. He was a reader at Zer0 books from 2015 to 2021. He spent most of the 2010s outside the U.S. in the Republic of Korea, Mexico, and Egypt. He is the author of the poetry collections, Apocalyptics and Liberation and All the Bright Etcetera. https://varnblog.substack.comFind all his links at https://allmylinks.com/dionysuseatsyou .

In this week's Politics Block we take a call from a listener asking about the Save Act and what, if any, restrictions should be placed on potential voters' rights. We then discuss Trump's “Big Beautiful Tax Bill,” seeking to determine just how progressive or regressive it actually is. We close with a brief teaser about the effect Modern Monetary Theory might have on the tax issue.

In this week's episode, I am joined by Dr. Cahal Moran, the man behind the YouTube channel “Unlearning Economics,” and author of the recent book  “Why We're Getting Poorer: A Realist's Guide to the Economy and How We Can Fix It.” In this podcast, I ask Cahal how he went from being an economist to debunking “Basic Economics” on YouTube. We also talk about modern China, the future of capitalism, what the left and right get wrong when it comes to Economics,   “Marxism without the rubbish bits,” and possible solutions to our chronic crisis. In The Backroom exclusive podcast on Patreon, Cahal and I discuss Modern Monetary Theory (MMT), UBI vs the Job Guarantee, the prospects of Economic Planning, Worker-Co-ops, and the question of “socialist” alternatives to capitalism. Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven't already!Timestamps: 00:00 Why Succession is Anti-Capitalist (The Backroom Preview)03:15 Cahal Moran: The Mind Behind Unlearning Economics05:35 Breaking from Mainstream Economics08:20 What “LeftTube” Lacks 12:43 The Myths of “Basic Economics”17:22 The Impact of YouTube on Economic Discourse25:34 Has Capitalism Made Us Richer or Poorer? 33:40 China's Economic Model and Global Comparisons44:40 Germany's Economic Model vs the UK: Challenges47:36 The EU and Brexit52:17  Modern Monetary Theory (MMT)01:03:27 Land Value Tax: A Viable Policy 01:20:20 Addressing Inflation01:27:49 How Does Cahal Identify Politically? 01:39:08 Transition to The BackroomCheck Out Cahl's Book:  https://www.amazon.com/Why-Were-Getting-Poorer-bestelling-ebook/dp/B0DD26S8VRCheck out Unlearning Economics on YouTube: https://www.youtube.com/@unlearningeconomics9021/featuredFollow me on X: https://x.com/1DimeOfficial: Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos: https://www.youtube.com/@1DimeeOutro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoy the show!Leave a like and a comment if you enjoy the show!

China, Cultural Revolution, Mao, Hua Guofeng, Gang of Four, China's shift to capitalism, China's economy, the Sino-Soviet split and how it effected China in the long run, China and the World Trade Organization, China's global infrastructure, Belt and Road Initiative, Trump 2.0's love/hate relationship with the Chinese economy, the purpose of deindustrialization in the US, how US corporations cannibalize one another, Trump's position on US Treasuries, how tariffs relate to Treasury yields, Modern Monetary Theory (MMT), how Trump 2.0 is employing MMT, how Trump's NATO policy factors in, private military companies, the prospect of the US further outsourcing military services, Trump's relationship with the Fed & Jerome Powell, DEI and how it plays into Trump's strategy, why the Democrats are doing so little to uphold DEI, how the situation in Palestine effects Trump's economic agenda, will the US go to war with China?River misspoke on Guofeng's role in the Gang of Four trial: "re: Hua Guofeng and the Gang of Four. He helped to arrest the gang of four only one month after Mao's death in 1976. Trial was in 1981. When I said he didn't persecute the gang of four I was wrong, he did. I conflated his unwillingness to further the revolution (and unwillingness to stop it- same pattern of not taking the initiative we talked about) with his actions towards the gang of four."Music by: Keith Allen Dennishttps://keithallendennis.bandcamp.com/Additional Music: Chay and the Hostageshttps://chaythehostages.bandcamp.com/album/trigger-warning Hosted on Acast. See acast.com/privacy for more information.

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠https://www.patreon.com/OneDime.⁠In this episode of 1Dime Radio, I am joined by Professor L. Randal Wray, a heterodox economist and a Pioneer of Modern Monetary Theory. In this episode, we demystify the history of money, what money is, and how modern money works in the economy today (how it is created and how the mechanics of government spending work, and the REAL function of Taxes. Most importantly, we discuss why MMT economists tend to prefer the "L. Randall Wray" over a Universal Basic Income (UBI). In The Backroom, Randy and I discuss tariffs, degrowth, reindustrialization, and get into the "tough questions" when it comes to the transition to a socialist society.  Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven't already!Timestamps: 00:00 Trump Tariffs (The Backroom Preview)02:47 Discovering Modern Monetary Theory (MMT)07:14 The Basics of MMT Explained 14:26 Central vs Private Banks17:44 Historical Context of Money and Banking30:03 The Evolution of Money and Markets44:49 Gold, Cryptocurrency vs Fiat Money01:01:17 The History of Central Banking01:14:22 Inflation, the 1970s Stagflation, and the rise of Neoliberalism01:39:33 The Job Guarantee vs. Universal Basic Income02:01:55 Transition to The Backroom segmentCheck out L.Randal Wray's "MMT for beginners" book: https://www.amazon.ca/Money-Beginners-Illustrated-Randall-Wray-ebook/dp/B0BXQS7SS6?ref_=ast_author_mpbFollow me on X: https://x.com/1DimeOfficial: Follow me on Instagram: ⁠instagram.com/1dimeman⁠Check out my main channel videos on MMT: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=JyWw9QWw5TK_3LVOOutro Music by Karl CaseyGive 1Dime Radio a 5-star Rating if you enjoy the show!

Diese Folge wurde dir präsentiert von Schindler Aufzüge. Willst du noch mehr über Aufzüge erfahren und vielleicht mit uns ganz nach oben fahren, dann steig gern ein. Unter schindler.de/karriere findest du viele Möglichkeiten für Einsteiger und Senkrechtstarter.Maurice Höfgen ist Ökonom, Autor und Youtuber. Sein Markenzeichen: komplexe Themen einfach und verständlich erklären – ob es um die Schuldenbremse, Modern Monetary Theory oder die Wirtschaftspläne der CDU geht.Ich spreche mit Maurice über die großen Fragen der Finanzpolitik: Warum ist die Schuldenbremse so umstritten? Welche Alternativen bietet die Modern Monetary Theory? Und wie könnte eine gerechtere Wirtschaftspolitik aussehen? Maurice gibt klare Antworten und nimmt dabei kein Blatt vor den Mund.Aber natürlich reden wir nicht nur über Zahlen und Theorien. Maurice erzählt mir auch von seinen Anfängen auf YouTube, witzigen Aufzugmomenten und warum er manchmal doch lieber in der Kommentarspalte als auf der großen Bühne diskutiert. Aufzugtür auf für Maurice Höfgen!EMPFEHLUNG: Martyna Linartas "Unverdiente Ungleichheit"Steady: So kannst du meine Arbeit unterstützenHier findest du mehr über mich: WebsiteInstagramTwitterLinkedInDieser Podcast ist eine Produktion von Schønlein MediaProduktion und Schnitt: Tim RodenkirchenCoverart: Amadeus Fronk Hosted on Acast. See acast.com/privacy for more information.

Die USA verlieren ihr letztes AAA-Rating! Moody's erkannte es den Vereinigten Staaten am Freitag ab und stufte die USA herunter, vor allem wegen der hohen Schulden. Sind die USA also in Schwierigkeiten? Und können die USA pleitegehen? Ich frage nach beim bekannten Spieltheoretiker Professor Christian Rieck. Er erklärt, warum er glaubt, dass den USA das Wasser bis zum Hals steht und Trump nicht die große Strategie verfolgt. Wir sprechen über Bitcoin, Gold und Fürstengeld und Rieck erklärt, welches Geld sein größtes Vertrauen genießt und warum Fiat-Geld im Prinzip genial konstruiert ist. Zudem verrät Rieck, warum er ein großes Problem mit der Modern Monetary Theory (MMT) hat und was die meisten für Denkfehler beim Geld haben und falsch einschätzen. Kommt Fiat Geld also wirklich aus dem Nichts? Und ist eine moderate Inflation sogar Segen statt Fluch?

As difficult as it is to get a handle on the chaos and confusion of Trump's shifting policies, we continue to ask wise friends for their perspective. This week Steve is speaking with Australian economist Bill Mitchell, a founder of MMT and a regular guest of this podcast. Bill helps us unpack the capitalist contradictions driving global instability. Steve asks if we should be looking at Trump's actions as a continuation of the neoliberal trajectory as described in Bill's book, Reclaiming the State. Bill replies that he doesn't even see it as a natural extension of neoliberalism:“Neoliberalism is about co-opting the state to pursue advantage for selected groups in the society, the top end of town, as I call them. So there's an element of that, but there's sort of a deep irrationality going on here. Neoliberalism is a systematic, contrived pattern of behavior and strategy, whereas it's hard to assess whether there is anything systematic and strategic going on here.”Bill elaborates on the irrational policy decisions like tariffs and their failure to revive American manufacturing, as well as the repercussions of reduced public investment in education and infrastructure. He talks about international reactions and global repercussions. He and Steve also critique the role of social media and the dangerous effects of the dominant ideological bias. Bill suggests that the disillusionment with traditional political parties is driving many towards reactionary extremism. They discuss the severe decline in education and the move to control universities through ideological audits.Bill Mitchell is a Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the University of Newcastle, NSW, Australia. His most recent books are Modern Monetary Theory: BIll and Warren's Excellent Adventure, co-authored with Warren Mosler (2024), and the Modern Monetary Theory textbook, Macroeconomics, co-authored with L. Randall Wray and Martin Watts (2019).Follow Bill's work at https://billmitchell.org/blog/

USAs president Donald Trump er besatt av budsjett- og handelsbalanse og bruker det som begrunnelse for svært kontroversiell, økonomisk politikk. Ifølge ny monetær teori (Modern Monetary Theory: MMT) er verken budsjett- eller handelsunderskudd et spesielt stort problem – et land som utsteder sin egen valuta kan alltids trykke mer penger. Kan USA fortsette som før å trykke penger i all evighet? Eller har Trump og hans økonomiske rådgivere et poeng? Lytt til samtalen mellom: Harald Magnus Andreassen, sjeføkonom, SpareBank 1 Markets Maria Berg Reinertsen, journalist og samfunnsøkonom, Morgenbladet Olav Slettebø, senior rådgiver, SSB Marie Storli, rådgiver samfunnspolitisk avdeling, LO Una Onsrud, student (samfunnsøkonomi, UiO og informatikk, NTNU) og leder, Rethinking Economics Blindern I denne episoden hører du samtalen fra da PF Next og Rethinking Economics Blindern arrangerte møte om Modern Monetary Theory: MMT i Polyteknisk Forening. Hosted on Acast. See acast.com/privacy for more information.

Dan finally bends to audience pressure and covers Modern Monetary Theory, tune to find out if he is a fan of this total BS.

The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.Wray, "Modern Money Theory for Beginners": Mises.org/HAP496aThe NBER Paper on Colonial Virginia's Money Regime: Mises.org/HAP496bNPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": Mises.org/HAP496cMilton Friedman, "The Island Of Stone Money": Mises.org/HAP496dBob's Article, "MMT and Treasury Debt Payoff": Mises.org/HAP496eThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

This week's episode comes from Steve's recent appearance on The Tracy Show, where he was invited to talk about MMT with host Tracy Carson, who had some questions. Tracy: Okay, I'm going to tell you what I think I understand about Modern Monetary Theory or MMT. I'm just going to go with MMT. The federal government can pretty much generate money out of thin air.  Steve: It does. It's the only way it works. Yes. Tracy: Okay. Okay, so I got that part right. [pause] Basically, that's pretty much where I'm at in terms of my understanding. Actually, it wasn't the only thing Tracy understood. She knew that states rely on taxes, unlike the federal government. She knew that federal budget deficits are not a crisis. And she knew that those simple facts have huge implications for the government's ability to provide national health care, for example, while state-based health care is virtually impossible and propels a race to the bottom. In a nation that has spent $8 trillion on war, post 9/11, there is no excuse for poverty. There's an explanation, but no excuse. The conversation covers the destruction of essential services through deliberate under-funding, with austerity as a policy choice. They look at the illusion of the “national debt” at home as well as IMF manipulation of the global South. Many of us have experienced moments when we clearly recognize the truth yet lack the knowledge or language to explain it. In seeking the tools to fully articulate it, Tracy is actively moving herself beyond those moments. We should all be so motivated. Learning MMT is a process. Others will hear about it from her and begin their own journey. When it comes to knowledge, there are no resource constraints. #EachOneTeachOne Tracy Carson is the host of The Tracy Show and an organizer of the March for Medicare for All in her home state of Indiana.

The Modern Monetary Theory (MMT) crowd prides itself on fidelity to actual history. But Murphy shows how leading MMT guru Randall Wray completely distorts his discussion of two historical episodes in his college lecture.Wray, "Modern Money Theory for Beginners": Mises.org/HAP496aThe NBER Paper on Colonial Virginia's Money Regime: Mises.org/HAP496bNPR Planet Money, "A Giant Stone Coin At The Bottom Of The Sea": Mises.org/HAP496cMilton Friedman, "The Island Of Stone Money": Mises.org/HAP496dBob's Article, "MMT and Treasury Debt Payoff": Mises.org/HAP496eThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

Mentor Sessions Ep.007: Unravel the Mysteries of Money and Economics with Dr. Robert P. Murphy!Dive into the fascinating world of money creation, central banks, and the shifting global economy in this must-watch episode! Dr. Robert P. Murphy, a PhD economist from NYU and Senior Fellow at the Mises Institute, explains how US dollars are created, why the US dollar's reign as the global reserve currency is declining, and what Bitcoin means for the future of money. From the role of commercial banks in expanding the money supply to the flaws in Modern Monetary Theory (MMT), the Chicago School, and Keynesian economics, this video breaks it all down. Curious about inflation, monetary policy, or how to prepare for a Bitcoin standard? Whether you're an economics enthusiast or a Bitcoin beginner, this episode offers clear, actionable insights into the monetary system and cryptocurrency's rise as sound money.Chapters:• 00:00 - Episode IntroductionThe video kicks off with introductory clips previewing key topics like Bitcoin and the US dollar.• 01:15 - The Origins of MoneyDr. Murphy dives into the historical evolution from barter to fiat systems.• 06:30 - Modern Banking ExplainedLearn the mechanics of fractional reserve banking and central bank policies.• 12:00 - Economic Growth and Money SupplyAn Austrian economics take on whether an economy needs more money to grow.• 18:45 - Bitcoin's Monetary PotentialExplore Bitcoin's fixed supply and its implications for the future of money.• 25:00 - Shifts in Global CurrencySigns of a changing monetary landscape and the decline of the US dollar.• 35:30 - Austrian vs. Mainstream EconomicsA comparison of Austrian economics to Keynesian and other mainstream approaches.• 50:00 - Steps Toward Sound MoneyActionable advice for preparing for a future with sound money.About Dr. Robert P. Murphy: • Mises Institute Profile: https://mises.org/profile/robert-p-murphy• Infineo Website: https://infineo.io/• Human Action Podcast: https://mises.org/library/human-action-podcast• Follow Dr. Murphy on X: https://x.com/BobMurphyEconSchedule a Free Discovery Session with Nathan to learn more about how Bitcoin Mentor can Fast-Track your Bitcoin Education and Level Up your Self-Custody Security: https://bitcoinmentor.io/?fluent-booking=calendar&host=nathan-1712797202&event=30minStruggling to explain Bitcoin to friends and family without losing them to complexity or misinformation? Blockhunters - The Bitcoin Board Game is your solution—a fast-paced, strategic game crafted by Bitcoin enthusiasts to make learning about Bitcoin fun and effortless. Through real-world stories like the García family battling hyperinflation or Omar escaping the CFA franc system, players build a blockchain, protect private keys, and compete for block rewards in just 30 minutes. It's the ultimate tool for orangepilling at meetups, game nights, or casual gatherings—no preaching required. Visit https://blockhuntersgame.com/ and use code BTCMENTOR for 10% off to start sparking Bitcoin curiosity today!FREE Bitcoin Book Giveaway:New to Bitcoin? Get Magic Internet Money by Jesse Berger FREE! Click here: https://bitcoinmentororange.com/magic-internet-moneyBOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted.https://bitcoinmentor.io/Subscribe to Mentor Sessions:Don't miss out—subscribe and follow us: BTC Sessions: x.com/BTCsessionsNathan: x.com/theBTCmentorGary: x.com/GaryLeeNYC#Economics #Bitcoin #Blockchain #MonetarySystem #CentralBanks #USDollar #BitcoinEducation #LearnBitcoin #Crypto #Cryptocurrency #Finance #Money #RobertPMurphy #BobMurphyEcon #BitcoinPodcast #Freedom #Podcast #MentorSessions #btcryptoinprice

Fresh from Empowered Investor Live in Irvine, CA, Jason welcomes Mike Maloney, author and monetary policy expert from goldsilver.com, as they discuss the current "scary craziness" in the stock market, drawing parallels to the 1987 crash while noting increased public exposure to stocks. He critiques the fiat currency system, explaining how bank lending creates money and causes inflation, advocating for real assets like gold and real estate. Maloney also labels Modern Monetary Theory (MMT) a "fraud" and wealth transfer, favoring free-market principles for prosperity. If you'd like to invest with Mike, go to https://goldsilver.com/ Get free chapters of Mike's new book at https://ggsr21.com/ Today's sponsor https://JasonHartman.com/Connected offers real estate investors access to Connected Investors' PiN (Property Intelligence Network) software. This tool provides nationwide property data, including features like unlimited individual property skip tracing, comprehensive property reports, and a Contract Genie for generating legal documents. Subscription options are available on a monthly or annual basis, with the annual plan offering additional benefits such as a dedicated product specialist. The platform emphasizes its commitment to providing accurate, up-to-date information to assist investors in making informed decisions. Visit http://jasonhartman.com/connected today!   Key Takeaways: 1:38 Introducing Mike Maloney  3:03 The scary, current stock market, gold and real estate and inflation 12:53  Sponsor: https://jasonhartman.com/connected 14:17 Inflation Induced Debt Destruction 15:58 Modern Monetary Theory 19:15 Blog Post: Analyzing the Nitty-Gritty Differences Selling Land vs. Selling a Home   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jonathan Newman joins Bob to discuss the debate between Austrians and MMTers on the origins of money. In the Anti-MMT panel at the Austrian Economics Research Conference (AERC), Jonathan presented his research on the archeological evidence that silver was used as money in ancient Mesopotamia and how the evidence vindicates Menger's theory on the origins of money. Jonathan and Bob walk through various MMT responses and make the case that the Austrian school is especially suited to critique Modern Monetary Theory.The Anti-MMT Panel from the 2025 AERC: Mises.org/HAP494aElon Musk and Ted Cruz Discussing "Magic Money Computers": Mises.org/HAP494bJonathan's Overwhelming Evidence that Silver was Money in Ancient Mesopotamia: Mises.org/HAP494cThe X Thread by Patricia Pino on the Measure of Value of Money: Mises.org/HAP494dBob's "Origin of the Specie" in The American Conservative: Mises.org/HAP494eR.A Radford's "The Economic Organization of a P.O.W. Camp": Mises.org/HAP494fThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

Jonathan Newman joins Bob to discuss the debate between Austrians and MMTers on the origins of money. In the Anti-MMT panel at the Austrian Economics Research Conference (AERC), Jonathan presented his research on the archeological evidence that silver was used as money in ancient Mesopotamia and how the evidence vindicates Menger's theory on the origins of money. Jonathan and Bob walk through various MMT responses and make the case that the Austrian school is especially suited to critique Modern Monetary Theory.The Anti-MMT Panel from the 2025 AERC: Mises.org/HAP494aElon Musk and Ted Cruz Discussing "Magic Money Computers": Mises.org/HAP494bJonathan's Overwhelming Evidence that Silver was Money in Ancient Mesopotamia: Mises.org/HAP494cThe X Thread by Patricia Pino on the Measure of Value of Money: Mises.org/HAP494dBob's "Origin of the Specie" in The American Conservative: Mises.org/HAP494eR.A Radford's "The Economic Organization of a P.O.W. Camp": Mises.org/HAP494fThe Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFreeJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

Get access to The Backroom and over 55 exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠In this episode of 1Dime Radio, I am joined by Professor Fadhel Kaboub, Professor of Economics at Denison University, specializing in Modern Monetary Theory (MMT) in the Global South, particularly Africa. In this conversation, I ask Fadhel about whether MMT applies to developing countries in the "third world" and how developing countries can achieve monetary sovereignty and economic independence. I also asked him questions about BRICS, decolonization, Degrowth, and various related topics.  A lot of gold  Timestamps:00:00 BRICS Won't Save the Global South03:03  How Fidel Kaboob got into Modern Monetary Theory 06:48 Monetary Sovereignty13:20 Inflation and Monetary Sovereignty 20:18 Currency Sovereignty in the Global South33:09 Case Studies: Venezuela and Zimbabwe50:09 Economic Sovereignty in Developing Countries59:48 The Geopolitical Bargain of the Century01:06:29 Uniting the Global South01:23:37 Degrowth01:33:39 Migration as Economic Imperialism01:43:26 Decolonization 01:54:21 MMT and Statism02:00:41 Price Setting and RedistributionCheck out Fadhel Kaboub on Twitter/X: https://x.com/FadhelKaboubMore 1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3Follow me on Instagram: ⁠instagram.com/1dimeman⁠Outro Music by Karl CaseyBe sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

Featuring Per Bylund, Lucas Engelhardt, Joshua Mawhorter, Jonathan Newman, Patrick Newman, and Joseph T. Salerno, this panel exposes flawed assumptions of Modern Monetary Theory (MMT), including the origins of money, government spending, job guarantees, entrepreneurship, and economic growth. The presenters critique MMT's reliance on state-driven monetary policy, its neglect of entrepreneurship and capital formation, and its unrealistic view of labor and job guarantees. The Austrian Economics Research Conference is the international, interdisciplinary meeting of the Austrian school, bringing together leading scholars doing research in this vibrant and influential intellectual tradition. For more information, visit https://Mises.org.

Warren Mosler, the founder of Modern Monetary Theory (MMT), comes on 1Dime Radio to talk about MMT, what Elon Musk's DOGE (Department of Government Efficiency) gets wrong, Trump's tariffs, inflation, and an alternative for a better tax system.DISCLAIMER: The audio for this is not very good because Warren Mosler had bad internet on his end, but after some editing, now hopefully, it's still listenable.Get access to The Backroom and over 55 exclusive podcast episodes on Patreon: https://www.patreon.com/OneDime⁠⁠Timestamps: 00:00 Magic Money Computers?1:08 Trump's Tariffs 4:21 Unpacking Modern Monetary Theory (MMT)9:10 Spending and Inflation31:37 Taxation, Abolishing the IRS34:32 Job Guarantee vs. Universal Basic Income44:12 Taxes, Tariffs and TradeCheck out Warren Mosler's work and his books such as "Soft Currency Economics" and "Seven Deadly Frauds" : https://moslereconomics.com/More 1Dime MMT Content: https://youtube.com/playlist?list=PLyytc2-LIrN7kIRyPXghWjeb4MV_DDqBK&si=s7aBz5IfLSYEK6X3Follow me on Instagram: ⁠instagram.com/1dimeman⁠Outro Music by Karl CaseyGive 1Dime Radio a 5-star rating if you enjoyed the show!

Today we take a look at the U.S. national debt, distinguishing it from household debt and analyzing its impact on individuals and investors. Jesse traces the debt's history and explains its structure, funding through Treasury bonds, and refinancing process. The discussion covers Modern Monetary Theory (MMT), which suggests that as a currency issuer, the U.S. cannot default but must manage inflation through taxation—though critics question the feasibility of this approach. While deficit spending can drive economic growth, excessive money printing may erode investor confidence. Interest rates play a crucial role in borrowing, investment, and market stability. Inflation, influenced by national debt and monetary policy, erodes cash and bond values, making stocks a stronger long-term hedge. Real estate may also help, but with mixed results. Despite the complexities of national debt, a diversified investment strategy and career growth offer the best approach to financial stability.  Key Takeaways:• The U.S. government operates under different financial rules than a household, as it can issue its own currency and refinance debt indefinitely. • From $75 million after the Revolutionary War to $36 trillion in 2025, national debt has always played a role in economic growth and policy. • Debt is split into intra-governmental (owed within the government) and publicly held (owed to investors, institutions, and foreign entities). • The Federal Reserve influences borrowing costs by setting interest rates, affecting everything from government debt payments to personal loans. • Printing money doesn't cause default, but it can devalue currency and increase prices, impacting purchasing power. • Spreading investments across different asset classes helps mitigate risk and combat inflationary pressures. Key Timestamps:(00:00) Understanding the U.S. National Debt (02:14) Components of the National Debt (07:55) The Role of the Federal Reserve (14:40) Modern Monetary Theory Explained (17:58) Criticisms of Modern Monetary Theory (26:41) Implications for Personal Finance (32:03) Combating Inflation and Taxes (39:18) Conclusion and Final Thoughts Key Topics Discussed:The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques, Modern Monetary Theory, national debt, diversification Mentions: https://bestinterest.blog/what-investments-actually-beat-inflation-since-2020/ More of The Best Interest:Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog  The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.  

In this episode of the 9inningsPodcast, Kevin and Dr. John T. Harvey, an economics professor at TCU, discuss inflation, Modern Monetary Theory (MMT), and fiscal policy. Dr. Harvey explains the complexities of inflation, emphasizing its multifaceted nature and the significant impact of housing costs on the Consumer Price Index (CPI). The conversation covers the limitations of traditional monetary policy, the role of government in job creation, and the need for policies that address the root causes of inflation. Dr. Harvey advocates for a nuanced understanding of inflation and proactive public sector job initiatives to ensure economic stability and social welfare. Understanding Inflation Complexity (00:02:52) CPI Components and Their Impact (00:06:23) Raising Interest Rates as a Solution (00:09:12) CPI Calculation Methods (00:12:51) Labor Shortages and Price Increases (00:14:47) Inflation and Job Creation (00:18:10) Public vs. Private Sector Roles (00:21:27) Competing with the Private Sector (00:25:05) Universal Employment Strategy (00:26:35) Historical Context of Inflation (00:29:07) NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page Follow Us: youtube: / @9icap Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428 facebook: / mlb2cfp Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4 Book Meeting: https://outlook.office365.com/book/G12473568acb64f719ff3e79cfc9d55ed@NETORGFT11398641.onmicrosoft.com/ Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Disclosure: https://sites.google.com/view/9idisclosure/disclosure

Depressed about the state of the world? Meet podcast hosts, Dai Poole and David Kugler, who are able to talk about the depressing stuff, yet manage to have a little fun along the way. In November, they brought Steve onto Call Me Limbo because they're interested in Modern Monetary Theory (smart guys). A few months have passed since then, and things have changed in the US. The episode dives right into the thorny questions of divisiveness and weaponized identity politics. Anything that further divides us is dangerous, but anti-wokeness threatens the very people who are most vulnerable. The opposite of woke is sleep. Dai suggests “we've become so hyper focused on individuality that our individuality – our ‘rugged individualism' – has just become rugged narcissism. We've gotten to the point (where) patriotism just means loving the idea of America more than loving the people that make up America.” Throughout the episode the three talk about working class solidarity and the need for collective struggle. In conversation and in their podcast, David and Dai include psychological insights as well as a therapeutic dose of humor. Check out David & Dai's Call Me Limbo Substack https://callmelimbopod.substack.com/ David Kugler and Dai Poole are hosts of the award-winning Call Me Limbo, a weekly podcast that brings the concept of the Fireside Chat into the 21st Century.

Wer weniger als 85.000 Euro brutto im Jahr verdient, soll von der Steuerpolitik der Linken profitieren. Die Partei, die mit Heidi Reichinnek, Ines Schwerdtner und Jan van Aken neue Gesichter an der Spitze präsentiert, nachdem sich Sahra Wagenknecht selbständig gemacht hat, stellt ihr Wahlprogramm unter das Motto „Du verdienst mehr“. Dies gilt jedoch nicht für die oberen zehn Prozent und schon gar nicht für Multi-Millionäre oder gar Milliardäre. Die Linke spricht sich für einen höheren Steuersatz für Spitzenverdiener aus, außerdem soll die Vermögenssteuer wieder eingesetzt und die Erbschaftssteuer deutlich angehoben werden. Neben Umverteilung ist das Klima ein wichtiges Thema der Partei: Der Staat soll nicht bloß mehr investieren, sondern auch direkt in die Autonomie der Unternehmen eingreifen, um die Produktion umzustellen. Und nicht zuletzt die Modern Monetary Theory ist ein wichtiges Fundament für die linke Politik, die sogar die Unabhängigkeit der Europäischen Zentralbank infrage stellt. In der neuen Folge von „Wohlstand für Alle“ analysieren Ole Nymoen und Wolfgang M. Schmitt das Wahlprogramm der Linkspartei. WERBUNG: Zum Podcast "Armutszeugnis" geht es hier entlang: https://armutszeugnis.podigee.io/

Murphy recently squared off against Nathan Tankus in a ZeroHedge debate focusing on Austrian economics vs. Modern Monetary Theory (MMT). Jonathan Newman watched the debate and selected three clips highlighting key areas of dispute. Jonathan and Bob elaborate on the issues and anticipate possible MMT replies.Bob's ZeroHedge Debate with Nathan Tankus: Mises.org/HAP484aBob and Jonathan's Tag-Team Mises University Lecture on MMT: Mises.org/HAP484bBob's Quarterly Journal of Austrian Economics Paper on The Deficit Myth: Mises.org/HAP483cWilliam Hutt's The Theory of Idle Resources: Mises.org/HAP484dUse code Action25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: Mises.org/Tampa25The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Murphy recently squared off against Nathan Tankus in a ZeroHedge debate focusing on Austrian economics vs. Modern Monetary Theory (MMT). Jonathan Newman watched the debate and selected three clips highlighting key areas of dispute. Jonathan and Bob elaborate on the issues and anticipate possible MMT replies.Bob's ZeroHedge Debate with Nathan Tankus: Mises.org/HAP484aBob and Jonathan's Tag-Team Mises University Lecture on MMT: Mises.org/HAP484bBob's Quarterly Journal of Austrian Economics Paper on The Deficit Myth: Mises.org/HAP483cWilliam Hutt's The Theory of Idle Resources: Mises.org/HAP484dUse code Action25 to get 10% off your ticket to Educating for Liberty Mises Circle in Tampa on February 22: Mises.org/Tampa25The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

Today we’re tackling our second non-negotiable pillar of establishing a Civilian Labor Corps, and the timing couldn’t be more critical. You may have picked up on chatter in the wind about the impending job apocalypse at the hands of artificial intelligence (AI). I’m here to tell you that this is real. It is coming faster and more furiously than you realize, and we are wholly unprepared. This episode breaks down the speed and totality of what’s coming in the AI revolution and speaks to how prominent economists from history through today would manage the impending employment crisis. Chapters Prologue: 00:00:43 Introduction: Storm Clouds. 00:03:52 Chapter One: The Coming AI Job Apocalypse. 00:06:52 Chapter Two: Full Employment. 00:20:55 Chapter Three: Breaking from Neoliberal Thinking. 00:28:34 Bring It Home, Max. 00:37:26 Post Show Musings: 00:42:23 Outro: 01:10:58 Watch YouTube Video: Unpacking the Ceasefire Agreement: Shades of the Iran Hostage Deal. https://youtu.be/Bnfzl1xWumc Resources Goldman Sachs: What to expect from AI in 2025: hybrid workers, robotics, expert models Levy Institute: Working Paper No. 542 Keynes’s Approach to Full Employment: Aggregate or Targeted Demand? Fisher Phillips: U.S. House Delivers Sweeping AI Report: 10 Biggest Takeaways for Employers 118th Congress: Bipartisan House Task Force on Artificial Intelligence Congressional Budget Office: Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget Congressional Research Service: The Macroeconomic Effects of Artificial Intelligence Convin: Is AI a Threat to the BPO Industry? AI in BPO Industry Explained UNFTR Episode Resources Housing First: Non-Negotiable #1. The U.S. Economy: Have we reached a boiling point? Has “Creative Destruction” Reached Silicon Valley? The Capitalism Trap. Modern Monetary Theory. Can we afford it? Yes. Yes, we can. F*ck Milton Friedman. The Chicago school of economics. Book Love Abhijit V. Banerjee and Esther Duflo: Good Economics for Hard Times Kurt Vonnegut: Player Piano -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Buy yourself some Unf*cking Coffee at shop.unftr.com. Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99. Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."Support the show: https://www.buymeacoffee.com/unftrSee omnystudio.com/listener for privacy information.

In this riveting episode, the ReSolve team converses with Warren Mosler, a prominent economist and theorist in the field of Modern Monetary Theory (MMT). The conversation is enriched by the presence of Richard Latterman, a portfolio manager at Resolve, who is keen on gaining insights on policy and economics. The discussion dives deep into the evolution of economics, the departure of MMT from classical economics, the impact of interest rates on inflation, and the intricacies of the banking system.Topics Discussed• Warren Mosler provides an introduction to Modern Monetary Theory and how it deviates from classical economics• The discussion delves into the order of operations in economics, with a focus on the concept of 'spend before taxing and borrowing'• Exploration of the role of the U.S. government in the creation of dollars and the implications of this process• Discussion on the fear of removing the scarcity constraint or the scarcity mindset in economics• Analysis of the impact of interest rates on inflation, challenging conventional economic wisdom• Understanding the concept of continuous change in the price level under floating exchange rates• The conversation delves into the complexities of the banking system and the role of regulations and compliance• Warren Mosler shares his views on the potential impact of certain policy suggestions on the current economic system.• The discussion concludes with Warren Mosler sharing his non-consensus views on investment and asset allocation.This episode is a treasure trove of insights for anyone interested in understanding the nuances of Modern Monetary Theory, the impact of interest rates on inflation, and the intricacies of the banking system. Warren Mosler's insightful views challenge conventional economic wisdom and provide a fresh perspective on the evolution of economics and economic policy.

Professor Bill Mitchell is an economist at the University of Newcastle. In addition to being one of the founding figures of Modern Monetary Theory, Mitchell has also been preoccupied by the interplay of culture and economics that led to the death of the left over the course of the last fifty years. We sit down with him to trace the economic transformations that gradually eroded class consciousness and replaced it with divisive identity politics, the role of shadowy thinktank money in the transformation, and to understand qui bono from the complete absence of a salient leftist critique of the modern day. DEMYSTICON 2025 ANNUAL MEETING IN PORTUGAL!!! June 12-16: https://demystifysci.com/demysticon-2025 PATREON: get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB MERCH: Rock some DemystifySci gear : https://demystifysci.myspreadshop.com/ AMAZON: Do your shopping through this link: https://amzn.to/3YyoT98 SUBSTACK: https://substack.com/@UCqV4_7i9h1_V7hY48eZZSLw@demystifysci (00:00 Intro (00:07:08) Postmodernism & the 1960s (00:10:15) Economic and Intellectual Divide (00:14:16) Global Economic Turbulence (00:21:24) Transformations in Economic Systems (00:25:29) Left vs. Right Economic Ideologies (00:28:06) The Role of Government During Economic Downturns (00:35:04) The Shift from Keynesianism to Monetarism (00:44:28) The Influence of Corporate Power and Think Tanks (00:52:21) Neoliberalism and the Spread of American Economic Ideals (00:58:27) Value of Work and Leisure in Economic Thought (01:05:00) Middle-Class Seduction (01:08:59) Impact of Austerity on Society (01:15:26) State's Role in Economic Inequality (01:21:02) Monetarist Influence on Public Perception (01:25:49) Economic Misconceptions (01:27:10) Modern Monetary Theory Explained (01:33:11) Government Spending & Corruption (01:51:18) Broken, Hollow Political Systems (01:59:01) Narrative Construction #WealthInequality, #EconomicHistory, #PoliticalEconomy, #ModernMonetaryTheory, #KeynesianEconomics, #MonetaryPolicy, #Neoliberalism, #EconomicInequality, #FiscalPolicy, #EconomicTheories, #BrettonWoods, #GlobalEconomy, #Austerity, #EconomicSystems, #PublicSpending, , #DebtEconomy, #philosophypodcast, #sciencepodcast, #longformpodcast Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

History doesn't stand still, and every time we talk about BRICS on this podcast, there's more to unpack. To understand the significance of BRICS, we must begin with (wait for it) monetary sovereignty. Economist Yan Liang is an expert on China's economy and MMT. She joins Steve to discuss the evolving role of the BRICS nations (Brazil, Russia, India, China, South Africa) and the increasing number of countries becoming involved in challenging US dollar hegemony and the current global financial system. Weaponizing of the US dollar has reached an all-time high. Yan explains the specific ways in which US-dominated international institutions and dollar dependency impede development in the Global South. The episode looks at the significance of de-dollarization and its possible longterm effects. Yan also touches on the importance of technology transfer and intellectual property rights in building sustainable economies. Yan Liang is Peter C and Bonnie S Kremer Chair Professor of Economics at Willamette University. She is also a Research Associate at the Levy Economics Institute, a Non-Resident Senior Fellow at the Global Development Policy Center (Boston University), and a Research Scholar of the Global Institute for Sustainable Prosperity. Yan specializes in the Modern Monetary Theory (MMT), the Political Economy of China, Economic Development, and International Economics. Yan's current research focuses on China's development finance and industrial transformation, and China's role in the global financial architecture. @YanLian31677392 on X

Show host Gene Tunny discusses the ineffectiveness of the U.S. debt ceiling, citing its frequent increases and the political grandstanding it entails. He notes that since 1960, Congress has amended the debt limit 78 times. Tunny argues that the debt ceiling does not enforce fiscal discipline and highlights the need for better fiscal rules, such as the Swiss Debt Brake or the Taxpayer Bill of Rights. He also shares his experience with Australia's debt ceiling during the late 2000s financial crisis. Tunny concludes that Trump's criticism of the debt ceiling is justified.If you have any questions, comments, or suggestions for Gene, please email him at contact@economicsexplored.com.Timestamps for EP268US Debt Ceiling Overview (0:00)Historical Context and Modern Monetary Theory (4:09)Ineffectiveness of the Debt Ceiling (7:07)Australian Experience with the Debt Ceiling (13:00)Conclusion and Alternative Fiscal Rules (24:49)TakeawaysDebt Ceilings Are Ineffective: The US debt ceiling fails to control spending or debt accumulation, as it is consistently raised to avoid financial crises.Alternative Fiscal Rules: Spending caps or frameworks like Switzerland's debt brake are more effective at managing fiscal discipline than nominal debt ceilings.Political Grandstanding: The debt ceiling often serves as a stage for political drama rather than meaningful fiscal reform.Modern Monetary Theory Critique: Printing money to avoid debt constraints, as proposed by some MMT advocates, risks inflation and economic instability.Lessons from Australia: Australia abolished its debt ceiling a decade ago after recognizing its downsides, offering a model for US fiscal policy reform.Links relevant to the conversationUseful information on the US debt and deficit from the US Treasury:https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/debt-limit (discusses how many times the debt ceiling has been amended)https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/ (contains the spending, revenue, and deficit figures that Gene mentions)Lumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED Full transcripts are available a few days after the episode is first published at www.economicsexplored.com.

I am joined by economist Bill Mitchell, one of the pioneers of Modern Monetary Theory (MMT). In this episode of 1Dime Radio, we discuss the intersection of MMT and Marxism and why both frameworks are complementary and essential for understanding how the economy works. Timestamps: 00:00 Preview 03:07 MMT & Marxism 17:01 The Left's Shift in the 70s 21:48 Was Neoliberalism Inevitable? 37:17 The problem with "Tax The Rich" discourse 51:09 Inflation and Job Guarantee questions 01:15:57 Australia's Radical Political History Checkout William Mitchell's Website: https://billmitchell.org/blog/ Check out Bill Mitchell's Work: https://www.amazon.ca/dp/0745337325?ref_=cm_sw_r_ffobk_cp_ud_dp_DCQWXGC090Q20JKQRDXN Check out the 1Dime Video essays if you haven't already: https://www.youtube.com/@UCQWoY8CkEGeE4t62djCZk-A Follow me on X: https://x.com/1DimeOfficial Follow me on Instagram: instagram.com/1dimeman Read Articles Faster with Speechify: https://share.speechify.com/mzrxH5D Outro Music by Karl Casey Become a Patron of 1Dime and get access to over 45 Exclusive podcast episodes + my discord server: https://www.patreon.com/OneDime Be sure to give 1Dime Radio a 5 Star Rating if you enjoy the show!

Are bailouts the new “trickle-down” economics? Have government debt and deficits caused capitalism's collapse—thus ending the American Dream?Ruchir Sharma is a well-known columnist for the Financial Times, the author of bestselling books Breakout Nations and The Rise and Fall of Nations, and an investment banker who worked as Morgan Stanley's head of emerging markets for 25 years. His new book, What Went Wrong With Capitalism, traces the roots of current disaffection with our capitalist economy to unabashed stimulus and too much government intervention. Take an example: Sharma writes that the United States federal government has introduced 3,000 new regulations in the last twenty years, and withdrawn just 20 over the same span. He likens the Federal Reserve's constant bailouts—under chairs appointed by presidents from both parties—to the opioid crisis, in which the solution created more problems than the pain it was designed to treat.Sharma joins Bethany and Luigi to explain how constant government intervention leads to inefficient “zombie” firms, higher property prices, housing shortages, massive inequality, and a historic government debt and deficit crisis. Together, they discuss the first step to a cure—a correct diagnosis of the problem—and how to approach the treatment without exacerbating the problems. In the process, they leave us with a renewed understanding of how “pro-business is not the same as pro-capitalism,” a distinction that Sharma says “continues to elude us.”Episode Notes:Link to submit papers for the Stigler Center 2025 Antitrust ConferenceRevisit “Is the Federal Reserve an Engine of Inequality?”, our previous episode on modern monetary theory or the claim that debt doesn't matter.Revisit “Capitalism After the Crisis,” Luigi's article for Foreign Affairs (2009), where he outlines the tensions between a pro-capitalism and a pro-business agenda. Also, check out ProMarket.org, our publication at the Stigler Center that he founded in 2016, with the mission of shedding light on this tension and how to ameliorate it.

An episode built around an interview with Tressie McMillan Cottom covers what lessons the rest of Higher Ed can learn from HBCUs [3:00], the vectors of financialization in the New Gilded Age [19:00], the migration of the for-profit model into not-for-profit institutions [60:00], and how Modern Monetary Theory might invigorate the Black University Concept [84:00]. Cast (in order of appearance): Jared Loggins, Matt Seybold, Tressie McMillan Cottom, Kelly Grotke, Andrew Douglas Soundtrack: DownRiver Collective Narration: Nathan Osgood & SNR Audio For more about this episode, including a complete bibliography, please visit MarkTwainStudies.com/LoweEd, or subscribe to Matt Seybold's newsletter at TheAmericanVandal.substack.com

Today we're back for round 2 of 3 with Jeff Snider from Eurodollar University. This round we're digging into the hidden meaning of the 2008 financial crisis, focusing on the often-overlooked Eurodollar system. Jeff Snider is an economic outsider who has subtle but unique perspectives on mainstream economics, modern monetary theory (MMT), and the role of central banking in global finance. We attempt to get to the bottom of how the collapse wasn't just about subprime mortgages and how systemic issues within the global banking system led to widespread financial uncertainty, of which the GFC was just a mere symptom. This cues us up for round 3 where we'll discuss the future evolution of the monetary systems on our planet. Sign up for our Patreon and get episodes early + join our weekly Patron Chat https://bit.ly/3lcAasB AND rock some Demystify Gear to spread the word: https://demystifysci.myspreadshop.com/ OR do your Amazon shopping through this link: https://amzn.to/4g2cPVV Jeff's website, Eurodollar U: https://www.eurodollar.university/ Jeff on YouTube: https://www.youtube.com/@UCrXNkk4IESnqU-8GMad2vyA (00:00) Go! (00:06:21) Modern Monetary Theory (00:09:45) The Eurodollar System and Its 2008 Collapse (00:20:26) Financial Uncertainty and Trust (00:24:07) Accounting and Financial Constraints (00:27:01) Legacy and Impact of Financial Regulations (00:31:05) Banking and the Eurodollar System (00:35:00) Evolution of Global Banking Practices (00:38:41) True Causes of Financial Crises (00:41:12) Stock Market Misconceptions (00:42:52) Monetary System Dysfunction (00:45:40) Need for Reform (00:49:12) Evolution of Monetary Systems (00:52:41) Potential of Digital Currencies (00:56:02) Importance of Adaptive Monetary Systems #sciencepodcast, #longformpodcast, #Economics #FinancialCrisis #EurodollarSystem #MonetaryTheory #MMT #BankingSystem #GlobalFinance #StockMarket #DigitalCurrency #Cryptocurrency #EconomicReform #2008Crisis #MonetaryPolicy #CentralBanking #EconomicDiscussion #JeffSnider #FinancialRegulations #AdaptiveEconomics #GlobalBanking #FinancialUncertainty Check our short-films channel, @DemystifySci: https://www.youtube.com/c/DemystifyingScience AND our material science investigations of atomics, @MaterialAtomics https://www.youtube.com/@MaterialAtomics Join our mailing list https://bit.ly/3v3kz2S PODCAST INFO: Anastasia completed her PhD studying bioelectricity at Columbia University. When not talking to brilliant people or making movies, she spends her time painting, reading, and guiding backcountry excursions. Shilo also did his PhD at Columbia studying the elastic properties of molecular water. When he's not in the film studio, he's exploring sound in music. They are both freelance professors at various universities. - Blog: http://DemystifySci.com/blog - RSS: https://anchor.fm/s/2be66934/podcast/rss - Donate: https://bit.ly/3wkPqaD - Swag: https://bit.ly/2PXdC2y SOCIAL: - Discord: https://discord.gg/MJzKT8CQub - Facebook: https://www.facebook.com/groups/DemystifySci - Instagram: https://www.instagram.com/DemystifySci/ - Twitter: https://twitter.com/DemystifySci MUSIC: -Shilo Delay: https://g.co/kgs/oty671

**Our Substack brings every new episode of this podcast as well timely alerts about our book clubs and webinars and reminders for Tuesday night's gatherings of Macro ‘n Chill. All this and more, straight to your inbox. Subscribe now: realprogressives.substack.com Recently, Steve appeared with host Sean St. Heart on Coup Save America, a weekly podcast committed to breaking through political rhetoric and focusing our attention on the core problems affecting our nation. The episode's title was Exploring Modern Monetary Theory with Steve Grumbine, but of course it's almost impossible to limit an MMT conversation to macroeconomics alone.From the Coup Save America show notes: “'Are Progressives like 8-bit robots walking into walls when it comes to understanding economics?' “Today we welcome special guest Steve Grumbine, founder and CEO of the nonprofits Real Progressives and Real Progress in Action. Steve is here to tell us how Modern Monetary Theory could benefit the working class American – and why it doesn't. If you think a podcast on economics will be dry and dull, you've never heard Steve's animated and passionate viewpoints on the subject. “Steve and Sean start the episode by reflecting upon the most recent presidential debate, then Steve launches right into the truth about our nation's economy. While explaining the term “austerity” as it relates to macroeconomic models, Steve dispels the myth that if a government spends money on its people, it will cause inflation. We learn about the history of the Federal Reserve and how it works, what the federal deficit actually means, and what taxes really are and why they exist. Steve teaches us the difference between a ‘currency user' and a ‘currency issuer,' along with explaining how inflation works and why he hates using the term Modern Monetary Theory. “What would an idealistic economic system look like? It comes down to understanding class, power, and the average working man's lack of agency. As progressives, we sabotage our own agenda by not understanding how economics work. Steve describes our movement's ignorance as a ‘self-inflicted gunshot wound to the junk,' and he tries to clear up some of the more common misunderstandings. He talks about the history of capitalism and how the system is now eating itself alive. When you pay interest rates, where does that money go? Is the middle class even a real thing? Steve attests that Modern Monetary Theory could contribute to fixing our society's problems, but MMT can't do it alone. How do we make our progressive goals actionable and not just theoretical? Why do progressives go to sleep whenever Democrats are in power rather than demanding real change? “Steve does a brilliant ‘Trumper' impression as he explains how we need to create working class awareness. We (as progressives) need to accept that Medicare can't work on a state-by-state level, and Steve calls out our dreams of a Universal Basic Income as being ‘batshit, bullshit crazy' (although there is still hope in the idea of Universal Basic Services). So, how do we solve our economic problems? Listen to learn about ‘outside the nine dots,' ‘creating dual power,' and how ‘education and awakening are two different things.' “Other topics include: Giving Biden credit for the CHIPS Act, price gauging during the pandemic, ‘Dude, Where's My Car,' and the economic theories of Clara E. Mattei and Jason Hickel.” Coup Save America is a weekly talk show hosted by Sean St. Heart that plants the mental seeds of social change by inciting a politically...

On this week's MACRODOSE, James Meadway breaks down how climate change is wreaking havoc on Britain's harvests and threatening food security (2:04), why Modern Monetary Theory (MMT) doesn't offer the answers we need for today's economic challenges (6:49), and the reasons behind the rising cost of butter, with climate change once again playing a key role (14:53) Check out our new ELECTION ECONOMICS series, available only for MACRODOSE supporters on Patreon, covering all things political economy ahead of the US election on 5th November. Got a question or comment? Reach us at macrodose@planetbproductions.co.uk For more about the work we do at Planet B Productions, go to planetbproductions.co.uk

Stephanie Kelton is an author and economist, and subject of the new film ‘Finding The Money'. Her work as a proponent of Modern Monetary Theory and as an advisor to Bernie Sanders has put her front and center of the debate around government debt, taxation and the potential green industrial revolution. She sat down for […]

In this conversation, Peter Schiff and I talk the current state of the U.S. economy, the stock market, the dollar and precious metals. We discuss: The recent surge in gold prices and whether it will hit $3,000 by the end of the year or potentially $6,000 next year. Both Schiff and I express concerns about the U.S. economy being "broke," the potential shift toward socialism, and rampant inflation driven by Modern Monetary Theory. Peter Schiff compares today's gold bull market to the 1970s, emphasizing that this is the beginning of a new bull market, unlike 1979 when the market peaked. Schiff argues that while interest rates in 1979 ended the gold bull market, the current trend of rate cuts will continue to fuel gold's rise, highlighting the Fed's inability to combat inflation effectively. The conversation touches on the inflation-adjusted gold price, suggesting that gold remains undervalued when adjusted for true inflation, which CPI doesn't accurately reflect. The strange phenomenon of retail investors selling gold during one of its best-performing years is highlighted, attributing this to a lack of confidence and distraction by Bitcoin. The role of Bitcoin as a distraction from gold investments is discussed, with Schiff noting that Bitcoin has underperformed relative to gold and criticizing Bitcoin as “fool's gold.” Schiff predicts a significant fall in the value of the U.S. dollar, exacerbated by trade deficits and foreign central banks' increasing preference for gold over U.S. dollars. Schiff forecasts a looming crisis in the bond market, where rising long-term yields will signal a loss of confidence in U.S. credit quality, further driving gold's rise. The mainstream financial media's neglect of gold's rise is criticized, with both agreeing that gold's significance as a monetary metal is being ignored, especially compared to the attention given to stocks and Bitcoin. Support QTR My near-daily blog, Fringe Finance. Get 40% off a subscription: https://quoththeraven.substack.com/subscribe?coupon=fa90a2a2&utm_content= Contribute a donation to the podcast via Patreon: https://www.patreon.com/QTRResearch Follow me on YouTube, and Twitter Please show love to those who support the QTR Podcast:  JM Bullion - where QTR buys gold & silver - email laura@jmbullion.com  - Twitter: @JMBullion George Gammon - Rebel Capitalist Pro - Twitter: @GeorgeGammon Longest Running Supporters   Max Mulvihill - Since 2/2018  Mark Heywood - Since 3/2018 Kyle Thomas - Since 4/2018  Chris Bede - Since 5/2018  Dariusz Kordonski - Since 5/2018  Chris Gerrard - Since 5/2018 Shear Luck - Since 5/2018   Founding Members Of My "FRINGE FINANCE" Column Kashumba - Since 8/2021 Randy Carder - Since 8/2021 T Gaggiotti - Since 8/2021 Jamie - Since 8/2021 A Farmer - Since 9/2021 Harvest Moon Research - Since 9/2021 John H. H. - Since 11/2021 Mark Hutchinson - Since 11/2021 Joseph K. H. - Since 10/2021 A Farmer - Since 9/2021 Tsniezyk - Since 9/2021 Chris - Since 12/2021 All podcast content is subject to this disclaimer, which you should read slowly, multiple times.   QTR's Disclaimer: Please read my full legal disclaimer on my About page here. This podcast represents my opinions only. In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. Guests have not been fact checked. Guest opinions and my opinions are not a recommendation to buy or sell any stocks or securities, just opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this podcast and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I talk, write or think about and are watching. Sometimes I'm bullish without owning things, sometimes I'm bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can't guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I'm impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it's that important.  

You may have seen the viral clip of Jared Bernstein (former Chair of the Council of Economic Advisors for Biden during the Obama Administration), fumble through answering the questions: if the United States just makes its own currency… why would it ever borrow money or go into debt? Why doesn't the government just… create more money? Nicole taps in to answer this question today and along the way, explains the new economic school of thought— Modern Monetary Theory— that is turning this question on its head. As promised, here is the cringe-y clip: https://x.com/FindingMoneyDoc/status/1786050601236779078

**Find a transcript of each week's episode on our Substack, where we also offer links to resources discussed in the interview. Subscribe now at https://realprogressives.substack.com/ Daniel Conceição is back to discuss the social damage of rentier capitalism and the potential to address it through the insights of Modern Monetary Theory. Rentier capitalism derives profit from ownership and manipulation of assets rather than through productive activity. While industrial capitalism also creates inequality, rentier capitalism, or rent seeking, exacerbates the division. State-controlled money creation could nullify some of the speculative advantage of rentiers by directly funding critical public services, such as housing and healthcare. It may not be the ultimate answer, but it's worth looking at. Daniel and Steve discuss the importance of overcoming mainstream economic fallacies that serve the interests of the financial elite. Daniel Negreiros Conceição did his undergraduate studies in Economics at the Federal University of Rio de Janeiro in Brazil and his postgraduate studies at UMKC (under Professors Wray, Kelton, et al). He is a professor of macroeconomics and public finance at the Federal University of Rio de Janeiro. He helped create the Institute for Functional Finance and Development (iffdbrasil.org), and he helps run the Brazilian Modern Money Network (https://mmtbrasil.com/) aimed at producing more easily accessible material for teaching MMT to the wider public. @stopthelunacy on Twitter

Stephanie Kelton is an American Economist, Academic, and a leading proponent of Modern Monetary Theory. She served as chief economist on the U.S. Senate Budget Committee in 2015, and POLITICO called her one of the 50 Most Influential Thinkers the year after. On this episode of 50 Fires, she joins Carl to share her own personal stories about money and discuss what it means to her. The conversation explores the themes of taking risks, learning how (and when) to say yes to opportunities, and the challenges of the current financial system. Despite these challenges, Stephanie remains optimistic and believes that there are better ways to build and improve on the system.  Email List: Sign up at https://www.50fires.com/ for our monthly email with resources for financial advisors!  Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/ Please direct business inquires to: blindnilaudio@magnolia.com Cover Art: Josh Passler - TheFinArtist.com Music Credits:  Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com Cody Francis / Wherever You're Going / courtesy of www.epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We kick things off by wondering aloud if a new approach to stand-up comedy is needed, and then discuss FX's hit show, The Bear (which we both just finished). We talk about Biden's recent withdrawal from the presidential race, and then turn our attention to Trump's remarks about how much he loves Christians (despite claiming not to be one). We tease a future topic, Modern Monetary Theory, and then talk about evangelicalism's martyr complex. Biebers involve fruit and IT nerds.