Podcasts about real progressives

**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...

“I was still a true believer, but doubts were starting to creep in at a certain point when you saw a large segment of our coalition cheering the brutal death of Rachel Corrie under a Caterpillar D9 bulldozer. And then, you know, a month later, cheering for the death of Tom Hurndall who was killed protecting a Palestinian child from Israeli snipers and was shot in the head by an expert marksman looking through a scope.” Jonathan Kadmon is on the leadership team of Real Progressives and writes for the website. He also helps put out this podcast. Today, however, he is talking to Steve about his vast knowledge of Zionism, Palestine, and US support for Israel. Jonathan was raised in a Republican household and became a passionate supporter of Israel during his college years, when he was given training and taken on trips by powerful players in the Israel lobby. After growing up a Jew in the South, he now became part of a powerful community and embraced it with pride. He talks of his experiences and describes his increasing discomfort as discrepancies between fact and propaganda became too great to ignore. Steve, a vocal critic of the administration's role in the current genocide in Gaza, is regularly attacked for his views. Jonathan, having studied in Israel and been trained by AIPAC, says: “That stuff bounces off me like I was wearing body armor... I'm like, oh yeah, you're going to tell me I'm a self-hating Jew? Are you kidding me? My resume and my credentials here probably outstrip anything you have. And the fact of the matter is, I do this because I am a Jew and I'm proud of being a Jew. And I'm proud of my history and my heritage. I learned the lessons of my history and my heritage.” The discussion goes into historical and political manipulation by Zionist organizations to blur the lines between Jewish identity and support for Israel, the erasure of Palestinian history, and the media and political complicity in perpetuating the Zionist narrative. The episode includes profound insights into Holocaust education, which is intentionally designed to emphasize the trauma and neglect the political economy. Jonathan Kadmon is on the leadership team at Real Progressives, where he is a writer and a co-host of the weekly discussion group, Macro ‘n Chill. @JonathanKadmon on X

In June, Real Progressives hosted a webinar with Carlos García Hernández on his book, Fiat Socialism: Achieving the Goals of Socialism Through Modern Monetary Theory. After hearing his Macro N Cheese interview last year, we wanted to open the door for our volunteers to ask questions and engage with Carlos on this topic. He is an important voice applying the insights of MMT to socialist theory. “‘Fiat socialism' is my name for an open and prosperous society ruled by the principles of the Modern Monetary Theory and functional finance.” In talking about his book, Carlos laid out the goals of fiat socialism: Full employment Full and prudent use of material resources The guarantee of the five essentials to every citizen: food, housing, clothing, health services, and education Social security at all major exposed points in the social structure (eg, old age, sickness, accident, temporary unemployment, and childbearing) Labor standards, to be assured by labor unions This episode includes his presentation followed by Q&A with the event's attendees. Carlos García Hernández is the founder and director of Lola Books, a publishing house that has introduced MMT to Spanish and German readers. He is the author of Fiat Socialism: Achieving the Goals of Socialism through Modern Monetary Theory. @Carlos_G_H_ on Twitter

This episode of Macro N Cheese is dedicated to Steve's mom, Joan Grumbine. Her kindness, love, and unwavering dedication to her family and community will be deeply missed. May she rest in peace.In his first solo episode, our host and jefe, Steve Grumbine, recounts the story of his political transformation from conservative republican to passionate MMT advocate, to self-identified socialist.He begins the episode talking about his recent experience dealing with the medical system as his mother's health declined. Both parents' deaths illustrate the fact that a for-profit system cannot provide the kind of healthcare we need and deserve.Awareness of class discrepancy runs through his story as he develops an awareness of the need to combine MMT with an understanding of capitalism.It's impossible to separate Steve's political development from his work on this podcast. Many of the guests affect him profoundly. In the episode he ties these insights together to create a radical and comprehensive worldview.Steve Grumbine is the founder and CEO of Real Progressives and Real Progress in Action. He is a project manager by profession.@sdgrumbine on Twitter

** Be sure to check the Real Progressives website's calendar for upcoming events. On Sunday, March 17th at noon ET/9am PT, we're hosting a webinar, RP Live with Esha Krishnaswamy: Putin's Russia. On Tuesday evenings, 8pm ET/5pm PT, come to Macro ‘n Chill, where we listen to the most recent episode of this podcast and discuss it with the community. https://realprogressives.org/rp-events-calendar/ “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” Milton Friedman This quote by the grandaddy of neoliberal economics is from 1963. Some in the mainstream have been dining out on it ever since. According to our guest, author and blogger Brian Romanchuk, neoclassical economics relies on mathematical models and fail to capture the complexity of real-world inflation. He highlights the importance of understanding the supply and demand dynamics in setting prices and explains that inflation can be influenced by factors such as supply chain shocks and changes in the labor market. Brian also points out that it's not enough to blame inflation on corporate greed; after all, corporations are always driven to maximize profits. He mentions the Cantillon effect, which suggests that the first recipients of newly created money benefit from inflation as prices go up, while the poor and working class bear the brunt of higher prices down the road. Brian and Steve discuss inflation constraints on fiscal policy. Brian argues that while extreme fiscal policies could lead to inflation, most of the time, fiscal policy is relatively moderate and does not have a significant impact on inflation. They criticize the government for not trying to set prices and argue that the government often follows the private sector's lead, making things worse. Brian Romanchuk is the author of several books, including Modern Monetary Theory and the Recovery. He is the writer and publisher of bondeconomics.com. His writings can be found in his substack, The BondEconomics Newsletter. @RomanchukBrian on Twitter

** Reminder: You are invited to listen to and discuss this episode with friends from Real Progressives on Tuesday, March 5th. Find the Zoom link at https://realprogressives.org/rp-events-calendar/“If the soul is left in darkness, sins will be committed. The guilty one is not he who commits the sin, but the one who causes the darkness.” — Victor HugoDaniel Conceição talks with Steve about Argentina's economic immiseration under newly elected president Javier Milei.Milei's aggressive cuts to public spending don't address the root cause of inflation in Argentina. Because of the country's dependency on the US dollar, it is mired in a foreign debt trap. Daniel and Steve highlight austerity policies bolstered by the macroeconomic illiteracy propagated by media and politicians (shout out to RFK, Jr).They discuss the current political landscape and touch upon topics such as genocide, neoliberalism, economic conditions, and the role of public spending in promoting prosperity.Daniel Conceição is an associate professor at the Unicamp Institute of Economics, a professor at the Institute of Research and Urban and Regional Planning (IPPUR) at the Federal University of Rio de Janeiro (UFRJ), and one of the authors of the book “Modern Monetary Theory: The Key to an Economy at the Service of People”. He is formerly president of the executive board of Institute of Functional Finance for Development Brasil.@stopthelunacy on Twitter

** If you haven't yet come to our Tuesday night listening party, this is the week to do so. Join the Real Progressives community as we dive in and discuss this episode. The registration link is posted on our Events Calendar prior to each Tuesday's session — it's usually up by Saturday. Look for Macro ‘n Chill. https://realprogressives.org/rp-events-calendar/This week Steve talks with our friend, economist Fadhel Kaboub. Followers of this podcast will recognize some of the themes we regularly focus on, including the debt trap facing countries of the global South, and the need for climate action and transformative economic development. Current plans under consideration are extractive and paternalistic, continuing the patterns of colonial exploitation.At the root of the external debt problem are three major structural issues: food deficits, energy deficits, and manufacturing deficits. Fadhel breaks down each of these problems, tracing the origins and suggesting how solutions will benefit not just Africa and the global South, but the international working class.“So, the type of thinking that we need to have today is one of two options. Do we work towards reforming this global economic architecture that was designed for these purposes? Or do we build a parallel, alternative economic architecture from the ground up? I'm of the opinion that the countries that dominate the current economic architecture will fight to death to keep their supremacy.”Steve and Fadhel also discuss MMT, degrowth, and the job guarantee. They look at the role China could play in Africa.Fadhel Kaboub is an associate professor of economics at Denison University (on leave), and the president of the Global Institute for Sustainable Prosperity. He is also a member of the Independent Expert Group on Just Transition and Development and serves as senior advisor with Power Shift Africa.@FadhelKaboub on Twitter

“...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

**Every Tuesday evening, Real Progressives hosts a virtual listening party for the current episode of Macro N Cheese. All are invited to join our informal discussion where we share insights on the topic at hand. If someone has questions, we will help find the answers. Get the registration link each week by visiting our events calendar: https://realprogressives.org/rp-events-calendar/Before the 1980s, mass layoffs were often tied to economic recessions. Today, they are shrewd corporate strategy. Modern mass layoffs are connected to leveraged buyouts or stock buybacks. Steve's guest, Les Leopold, explains how the process works and how it came to be through the maneuverings of Wall Street and the two political parties.Les is the author of Wall Street's War on Workers. He and Steve talk about the very real impact on people's lives, from the coal miners of Mingo County, West Virginia, to Steve's personal struggles after Verizon's 2009 lay-offs. They discuss organizing, the value of a job guarantee, and intersectionality within a class analysis.Les Leopold is executive director of the Labor Institute, which he co-founded in 1976. He has written several books on the finance sector's looting of America. His upcoming book, Wall Street's War on Workers, is being published by Chelsea Green Publishing. Follow his substack: https://substack.com/@lesleopold1@les_leopold on Twitter

**If you've been enjoying – and learning from – this podcast for the past five years, you'll want to know about the end of the year fundraiser for Real Progressives. For the rest of 2023, your donation will be fully matched by a generous supporter. If you donate $100 or more, you get a free t-shirt. We count on our community to help us pay for the equipment and platforms to bring you this important content.Donate here or go to our website, realprogressives.orgFadhel Kaboub is back for his lucky 13th episode. He talks with Steve about the concept of climate reparations and its significance in tackling the climate crisis. True reparations go beyond financial compensation; they must include transferring technology, repairing our ecosystem, and restructuring the global financial and trade systems.The global North must not shirk its historic responsibility and disproportionate impact of climate change on the Global South. Fadhel and Steve discuss the need for truth and reconciliation as a starting point for reparations. They highlight the significance of addressing the structural issues that perpetuate harm. Fadhel emphasizes the need for transparency and decentralized systems in order to prevent corruption and ensure that reparations reach those who need them most.Fadhel Kaboub is an Associate Professor of economics at Denison University and the president of the Global Institute for Sustainable Prosperity. Check out his recent work at https://justtransitionafrica.org/@FadhelKaboub on Twitter

**Welcome to Episode #250! This represents 250 straight weeks of work on this podcast. We couldn't have managed without our diligent team: Steve Grumbine, host and head honcho, Andy Kennedy, audio engineer, editor and producer, Virginia Cotts, Julie Alberding, Jonathan Kadmon, Commie John Siener, and Tim O'Neill, who create show notes, art, transcripts, and a whole section of extra information and links to resources.We have now added a bonus event, Macro ‘n Chill, a weekly Zoom meeting where the community can gather, listen, and discuss the episode. To find us, go to the RP Events Calendar on Real Progressives' website, realprogressives.org/rp-events-calendar. Click the upcoming Tuesday where you'll find information and the registration link. The event is usually posted on Saturday after the newest episode is released. If it's not there, check back later. See you next Tuesday!**This week's episode is the second half of Steve's interview with Hamza Hamouchene about his book, Dismantling Green Colonialism: Energy and Climate Justice in the Arab Region.Steve and Hamza agree on the importance of reckoning with the realities of the current capitalist imperialist system, which has proven to be a failure in addressing the most crucial needs of people and planet. Hamza argues that alternative visions for a better world already exist – he himself is an eco-socialist – but the challenge lies in implementing them and building the necessary alliances and coalitions of working people, both at the national and global levels.The conversation also delves into the specificities of the Arab region, which has elements of authoritarian and military dictatorships due to its subordinate insertion into the global capitalist economy and its role as a key nodal point in global fossil fuel regimes. Hamza highlights the need for a just energy transition that takes into account the control and ownership of fossil fuel resources and the potential for green renewable energies.Hamza calls for diversifying tactics and strategies, organizing and building power to challenge imperialism and the decarbonization by dispossession.Dr. Hamza Hamouchene is a London-based Algerian researcher-activist, commentator, and a founding member of Algeria Solidarity Campaign (ASC), Environmental Justice North Africa (EJNA) and the North African Food Sovereignty Network (Siyada). He is currently the Arab region Programme Coordinator at the Transnational Institute (TNI). His work is focused on issues of extractivism, resources, land and food sovereignty as well as climate, environmental, and energy justice in the Arab region.@BenToumert on Twitter

**Tuesday, October 24th, join us for an informal Zoom meeting where we will be listening and discussing this episode. 8 pm ET/5 pm PT. Find the registration link at https://realprogressives.org/event/macro-n-chill-247/ As a society we are conditioned to believe we can f*ck with nature, with the living world, but the economy is immutable. We dare not try to change it. As MMTers we say: hahahahaha... *sob* These two assumptions explain why we're hurtling towards ecological catastrophe and why austerity has become a way of life. Steve's guests this week are Colleen Schneider and Christopher Olk. They are co-authors, with Jason Hickel, of the paper, How to Pay for Saving the World: Modern Monetary Theory for a Degrowth Transition. Any listeners who have paid attention to Real Progressives' journey over the past couple of years will be excited to add Colleen and Christopher's insights to their intellectual arsenal. They are those rare scholars who manage to be both realistic and optimistic. (They are not suggesting that the right slate of politicians will tweak capitalism to make it heal the the planet and the population.) They discuss how both MMT and the degrowth movement challenge the myth of scarcity. They look at the disparities between the Global North and South. They emphasize the interconnectedness of ecological and social issues, and the need to address both the predation on the Global South and the climate crisis. They talk about non-reformist reform and the ways in which addressing national economic policies can be played out at the local level to radicalize people. By understanding the power dynamics within the financial system, MMT can empower and mobilize, allowing us to attack multiple problems as if they were one. Which they kind of are.*****Colleen Schneider is a PhD student and research assistant in the Institute for Ecological Economics at the Vienna University of Economics and Business and is a lecturer at Torrens University. She has a BA in Physics from UC Berkeley and MSc in Socio-Ecological Economics and Policy from WU.  Her research focuses on the political economy of monetary and fiscal policy in a social-ecological transformation. Her recent work brings an MMT-informed lens to degrowth scholarship. She teaches courses in social ecological economics, and the intersection of money, society, and environment, and has also worked and published in the field of environmental justice. @ColleenFights on Twitter Christopher Olk is a PhD candidate in political economy at Free University Berlin. His current research focuses on the links between international monetary power, offshore finance, and fossil fuels. Christopher is also active in the climate justice movement. @christopher_olk on Twitter

**Tuesday evenings, Real Progressives and friends gather on Zoom for a listening party and discussion of Macro N Cheese. To register, go to the events calendar on our website and look for the upcoming Tuesday: https://realprogressives.org/rp-events-calendar/ This week's episode welcomes back Fadhel Kaboub, a valued friend of this podcast. He and Steve discuss the concept of just transition and the problems with carbon markets as a solution to climate change. They stress the injustice of historic polluters buying carbon credits to continue polluting while displacing vulnerable communities in developing countries. It is yet another capitalist solution. The current global financial architecture, established during colonial times, is neither designed to address the climate crisis nor to promote sustainable prosperity.They emphasize the need for systemic change and a new vision for Africa and the global South that prioritizes food sovereignty, energy sovereignty, and industrial policy. They talk about the power dynamics between labor and capital, the role of governments in perpetuating inequality, and the importance of mobilizing and organizing for change.They highlight the narrow constructs that society is allowed to consider, which prevent true transformation and progress. They emphasize the importance of recognizing our interconnectedness and the need for what Fadhel calls “a movement of movements.”Fadhel Kaboub is an Associate Professor of economics at Denison University, the president of the Global Institute for Sustainable Prosperity. Check out his recent work at https://justtransitionafrica.org/@FadhelKaboub on Twitter

**On Tuesday evenings, Real Progressives hosts Macro ‘n Chill, an informal listening party for members of the community to discuss an episode of this podcast. For the Zoom registration link go to realprogressives.org/rp-events-calendar/When someone associates Modern Monetary Theory with left or right wing politics, they're signaling they know nothing of MMT and are simply associating it with some of its proponents. MMTers are political, MMT is not. Regarding degrowth, this week's guest, Bill Mitchell, explains:“The way I think about it is that MMT is compatible with deep, hard industry pollution and massive growth if you want it to be. And it is also compatible with a highly sustainable strategy to reduce our reliance on mass consumption and to divert our economic activity, which we normally think is gross domestic product, to divert that into sustainable products. In other words, radically change the composition of our output.”In other words, MMT neither supports nor opposes the degrowth agenda. In this episode, Bill describes degrowth as a value system and strategic approach to the future of humanity on the planet.MMT, on the other hand, is a lens or framework for understanding the capacities of currency issuance and the consequences of using that capacity. He and Steve highlight that MMT is compatible with both growth-oriented and sustainable strategies, and that degrowth policies would require significant investment from the state. They also discuss the challenges and obstacles to implementing a degrowth agenda, including the resistance of powerful vested interests and the potential for military conflict.The conversation also delves into the historical and political factors that have shaped the current domestic and global politics, including the counterattack by corporations and the wealthy against social democratic majorities in the early 1970s. They discuss the role of ignorance and media manipulation in perpetuating the current system and the importance of education and knowledge in empowering individuals and fostering solidarity movements.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. He is also a professional musician and plays guitar with the Melbourne Reggae-Dub band – Pressure Drop. Follow his work on https://billmitchell.org/blog/@billy_blog on Twitter

Ever wondered why modern monetary theorists have been alarmingly silent on the debt ceiling controversy? Or why Democrats, who traditionally champion labor causes, seem to have neglected critical issues like the Supreme Court and the potential for a Federal Reserve Bank-induced recession? These are the pressing questions we tackle in our riveting discussion with the insightful Steve Grumbine, founder of Real Progressives and host of Macro and Cheese.This episode is nothing short of a deep dive into the complex interplay of politics, power, and economics. We scrutinize the disturbing trend of weaponizing issues like student debt relief and Roe v. Wade for political gain, instead of providing substantial solutions. With Grumbine, we unravel the implications of attempting to implement systems like Medicare for All at a state level, without monetary sovereignty. We dissect Modern Monetary Theory (MMT), taxation and state credit, and debate the efficacies of building power outside the electoral process.In the latter part of our discussion, we navigate towards the international implications of monetary sovereignty, the national debt, and the role of money. Grumbine helps us dissect the power dynamics of government procurement and the economic systems at play. As we round up, we explore the potential of building power outside the electoral process, the dangers of reformism, and debate on the need for political alliances and collaborations. This episode is a must-listen if you're keen on understanding the intricate dynamics between politics, power, and economics. Join us as we pull back the curtain on these compelling issues. Support the showCrew:Host: C. Derick VarnAudio Producer: Paul Channel Strip ( @aufhebenkultur )Intro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @skepoetYou can find the additional streams on Youtube

Get ready to challenge your perspective as we embark on a journey through the intriguing world of economics, Marxism, and the nuances of Modern Monetary Theory (MMT). We're joined by none other than Jonathan Kadmon from Real Progressives, a progressive change advocate with a unique take on socialism, commodities, and state-based insurance initiatives. Jonathan shares his insight into these complex topics, weaving in fascinating perspectives on Marxism, MMT, and the inspiring work of esteemed researcher, Claire Matai.Strap in as we delve into the story of the Calcare debacle, shedding light on the forces protecting conservative ideals and the reality of advocating for progressive change. From the gradual privatization of Medicare Advantage to the momentum behind Medicare for All, our conversation takes a hard look at healthcare reform and its feasibility. We also explore the rich history of currency, the gold standard, and its implications in today's economy. Everything from the value of gold and the role of the US dollar in international markets to the challenges of understanding abstract money concepts is on the table.As the discourse builds, we examine labor discipline, inflation, and the economic factors that have contributed to inflation. We also touch on the complexities of fascism, its historical context, and its manifestation in contemporary American politics. The conversation concludes with an engaging analysis of neoliberalism, its critiques, and the potential of modern fascism. This episode is a treasure trove of knowledge, offering unique insights and thought-provoking discussions. So tune in, expand your understanding, and join us in this enlightening exploration of economics and beyond.The following articles are discussed: It Almost Happened HereThe Pied Piper of State-Based Single PayerThe Emperor's New Commodities  Support the showCrew:Host: C. Derick VarnAudio Producer: Paul Channel Strip ( @aufhebenkultur )Intro and Outro Music by Bitter Lake.Intro Video Design: Jason MylesArt Design: Corn and C. Derick VarnLinks and Social Media:twitter: @skepoetYou can find the additional streams on Youtube

Tim and Johnny are joined by Steven D. Grumbine of Real Progressives to discuss modern monetary theory and how it applies to student debt relief.

We'll be speaking with Steve Grumbine of The Real Progressives about the Debt Ceiling and the not-so-good deal President Biden made with Speaker McCarthy. But first, we'll be speaking with leading members of SAG-AFTRA on the current status of the WGA Strike.   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER: @JENChangeFL  ☀️ INSTAGRAM: @JENerationalChange  ☀️ FACEBOOK: @Jen Perelman   Streamed live on May 29, 2023.

We'll be speaking with friend of the show, Steve Grumbine of The Real Progressives, about the truth surrounding Social Security & much more. We'll also be speaking with Maebe A. Girl, running for U.S. Congress in CA-30 to replace the departing Adam Schiff!   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER: @JENChangeFL  ☀️ INSTAGRAM: @JENerationalChange  ☀️ FACEBOOK: @Jen Perelman   Streamed live on Mar 6, 2023.

In September, Real Progressives had a webinar with Michael Hudson. It gave our volunteers the opportunity to ask him about his book, The Destiny of Civilization: Finance Capitalism, Industrial Capitalism, or Socialism. This week's podcast brings you the audio of that event.Although his book looks at three economic philosophies, the Q & A focused on contrasting the dynamics of finance capitalism and industrial capitalism. Michael makes the case that in its early days industrial capitalism promoted investment in public infrastructure and basic services, allowing industry to invest in development.Finance capitalism basically sought to break away and consume all of the public infrastructure. Most financial fortunes are made by privatizing the public domain – natural resources and public utilities yield fortunes in economic rent without private investment. This has led to the US, for example, turning over its economic planning to the financial sector.“The objective of finance capitalism, contrary to what's taught in the textbooks, is to make economies high cost, to raise the cost every year.”When asked about debt deflation, Michael explains that the increase in consumer debt leaves less and less money to be spent on consumption.“Right now, you're having the debt-ridden American economy being squeezed. More and more money is paid, not only for debt, but also for other overhead, like healthcare and various monopoly services that are not available to buy goods and services. Debt deflation is when the growth of debt exceeds the rate of growth of the economy. And that's true of every economy.”Since 1945, every recovery in the US and the other western economies has been accompanied by rising levels of debt, making each recovery slower.Michael talks about the current global political economy, oil prices, debt jubilees, monetary hegemony, and the US political parties. When asked for solutions, his answers might be troubling to some. It's worth hearing him out.Michael Hudson is an American economist, Distinguished Research Professor of Economics at the University of Missouri–Kansas City and a research associate at the Levy Economics Institute at Bard College. He is a former Wall Street analyst, political consultant, commentator and journalist.

**Happy New Year from Real Progressives and Macro N Cheese. If you would like to help us continue to bring you great content, please consider becoming a monthly sponsor at patreon.com/realprogressives. Your contributions help pay for the tech platforms and equipment that keep this podcast alive.**This week's episode is the recording of a recent RP Live webinar with Brett Scott, author of Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets.In terms of its politics, the digital money movement is largely only discussed by the mainstream media, ever ready to promote the interests of big finance and big tech. Brett makes the case that leftists and MMTers need to get involved. Those of us with knowledge of the monetary system are particularly well-situated to recognize potential minefields and see through lies that are being passed off as fact. For example, there is the notion of inevitability. Once the automobile was invented, it was only a matter of time before the horse cart would disappear. We're also led to believe that the move to replace cash with digital comes from the bottom up—from ordinary people. We need only consider who is pushing this so-called cashless society. And who profits from it. Crypto itself is simply another commodity to be bought and sold with... money.Brett presents interesting ways of considering the war against cash and the future of money. In the second half of the episode, he takes questions from attendees. If you haven't heard his interviews on Macro N Cheese, now would be a good time to do so.Brett Scott is an author, journalist, and activist, who explores the intersections between money systems, finance, and digital technology. He's the author of The Heretics Guide to Global Finance: Hacking the Future of Money. His latest book is Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets. Find more of his work on brettscott.substack.com@suitpossum on Twitter

Streamed live on Dec 26, 2022.   We'll be speaking with Steve Grumbine of The Real Progressives and The Macro & Cheese Podcast about the corporate-friendly spending bill as we close out 2022.   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER: @JENChangeFL  ☀️ INSTAGRAM: @JENerationalChange  ☀️ FACEBOOK: @Jen Perelman

** Check out the transcript for this and every episode of Macro N Cheese on the Real Progressives website. This week's episode looks at using a recently developed economic model application developed by frequent Macro N Cheese guest, Steve Keen. The software is aptly named “Minsky” and Steve Grumbine's guest, Tyrone Keynes, is an experienced user of the Minsky software modelling tool. Tyrone is a consultant whose specialties are economics, health, and ecological modelling systems. Steve and Tyrone walk through the steps to develop processes that they both similarly follow to build a model. Tyrone then talks about his latest work using Minsky to build an unnamed U.S. State a model that will describe how to manage the state's retirement system to improve the disparities between low and high wage state workers. They discuss the prep work before running the model and validating results. Additionally, Tyrone describes examples of how Minsky has been used to validate MMT (Modern Monetary Theory) thinking and how the tool can be used in the future to help bring about consensus within the MMT community and acceptance in the economic community. Most Macro N Cheese episodes are unique, this one reveals how to focus the MMT lens with some tips on why other tools fail. Tyrone Keynes is a System Dynamicist, independent researcher, and professional consultant at BD Consulting, (https://www.bdconsulting.ca) showing how systems thinking can be applied to economics. He specializes in modeling economic, health, and ecological systems. He is also the main beta tester for the Minsky software and does most of the social media for it. @TyKeynes on Twitter

Streamed live on Nov 2, 2022.   We'll be speaking with Luke Parcher of The Real Progressives about Seattle politics as well as ballot initiatives that may pass in WA next Tuesday. We'll also be speaking with Anthony Nieves, candidate for FL State House Seat 47!   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER: @JENChangeFL  ☀️ INSTAGRAM: @JENerationalChange  ☀️ FACEBOOK: @Jen Perelman

** Check out the transcript for this and every episode of Macro N Cheese at the https://realprogressives.org/macro-n-cheese-podcast/ (Real Progressives website). Grumbine: I follow a lot of Brits on Twitter, and not just regular rank and file activists, but a lot of the actual economists. And the folks that are considered left, very strongly remind me of neoliberals.Wilson: Because they are. [laughter] What we have, you see, is this wonderful thing called the Oxford degree in philosophy, politics and economics [PPE]. And what happens is, when they graduate from that, there's a Sorting Hat, and it just puts them in either the Labor Party or the Tory Party, depending upon what the Sorting Hat thinks. They're all exactly the same. They're all the same graduates, they're all the same set of people. The economists are like that, too. They just get a Sorting Hat when they get the degree, I swear to God. Here in the US, we've been watching the administration scramble to deal with inflation. That chaos is nothing compared to what's going on in the UK. They are soon to be on their fifth prime minister in six years. (As a point of reference, Maggie Thatcher was PM for 13 years; they don't have term limits.) When Steve asked Neil Wilson to come on the podcast to talk about Liz Truss, he must have assumed she would last longer than six weeks! Oh well. It's still an informative episode. As we well know, the MMT lens is useful regardless of economic conditions. Neil talks to Steve about the political lessons he has learned from the Tory's attempt at handling of the economy. He and Steve talk about the EU and Brexit, and how the war in Ukraine is affecting the energy situation in the UK and Europe. Neil Wilson is an associate member of the Gower Initiative for Modern Money Studies in London, a co-author of "An accounting model of the UK Exchequer" and a co-editor and contributor to the forthcoming book "Modern Monetary Theory: Key Insights, Leading Thinkers"

David Gornoski comments on the CDC adding the vaccine to children's immunization schedule; the resignation of Liz Truss; John Fetterman not speaking at an event with Biden, the coming exodus from public schools, why the Left should listen to real progressives, and more. Geopolitical analyst Sir Owen Whitman joins David to comment on the Biden administration's aid to Ukraine, NATO Gen. Petraeus' plan to defeat Russia, Iran's involvement in Crimea, and more. Visit A Neighbor's Choice website at aneighborschoice.com

Streamed live on Oct 5, 2022.   Odessa Kelly, candidate for U.S. Congress in TN-07, will join us to discuss the status of her campaign with one month to go! But first, we'll be joined by friend of the show, Steve Grumbine of Real Progressives, to discuss the blatant dishonesty of the Biden Administration regarding Student Debt Cancellation in the face of the GOP-led lawsuit.   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER: @JENChangeFL  ☀️ INSTAGRAM: @JENerationalChange  ☀️ FACEBOOK: @Jen Perelman

The movement for free universal healthcare is under attack. Groups like March for Medicare for All, National Single Payer, and others, have been criticized for not buying into the Democratic Party's agenda promoting individual state healthcare initiatives. The party wants us to stop pressuring Congress. They tell us to go home. They say there's more likelihood of success in our statehouses. Well, MMT-informed activists can see through the party's obfuscation. The single-state solution is no solution at all. The US federal government is the currency issuer; it creates US dollars by spending them into existence. States and cities are currency users. Before they can spend, they must somehow earn or borrow that money, ultimately placing the burden onto the citizens, whether through taxes or cuts to other programs. It doesn't matter how fat their tax base is, even the state of California and the city of New York must balance their budgets. The difference between currency issuer and currency user is at the heart of the matter. Since its founding, Real Progressives' stated mission has been to help arm activists with a useful understanding of Modern Monetary Theory. “We're not going to move the needle unless we mobilize and organize. And as I say, sometimes it's not enough to be angry and it's not enough to raise the pitchforks. We want not just organized pitchforks but well-informed pitchforks. And I think MMT provides the right framing to mobilize this movement.” This week's episode comes from the webinar we hosted as part of our RP Live series for our friends at M4M4ALL. It gave them the opportunity to talk with one of our favorite economists, Fadhel Kaboub, who spent the hour answering their questions and arming them against the “taxpayer dollars” bamboozlement of those in power. In the Macro N Cheese clubhouse, we like to say we're weaponizing knowledge. ***** Be sure to check out our website, realprogressives.org, where you will find additional resource material. Use the Media drop-down menu and select Macro N Cheese to access past episodes of this podcast (192 so far!), each accompanied by a transcript and an “Extras” page of useful links. Visit m4m4all.org to learn how you can help their efforts. Dr. Fadhel Kaboub is an Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity. @FadhelKaboub on Twitter

At the turn of the 19th century and early 20th century, people all over the world were demanding the rights given to them in theory on old documents, be put into practice. There was unprecedented activity in unions, unemployment collectives, and civil rights organizations. All of them demanding a voice in the government. Edward Bernays realized the “problem of Democracy” early on: The conscious and intelligent manipulation of the organised habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.And we have been under this type of conscious manipulation of society since the time of Edward Bernays. Today, Fran from Mango Press joins us to discuss propaganda and Democracy.Show Notes:00 - Intro3:43 - When a non-war is a war for PR purpose8:20 - Edward Bernays and WW1 propaganda11:34 - Bernays creating first PR firm13:34 - Cleaning up the politicians17:09 - Big Tobacco and Psychoanalysis22:26 - Controlling with PR24:23 - Birth of the Department Store25:31 - PR in WW226:30 - PRing Guatemala into a Coup45:16 - The Regime Change Playbook48:09 - Protecting the Order of Things50:53 - Inventing Reality53:15 - Inventing Reality in Ukraine1:02:00 - GoodbyesExtras: Watch my lecture on Real Progressives about our responsibility on PropagandaCheck out Mangopress on their telegram and their website Get full access to Historic.ly at www.historicly.net/subscribe

In this bombastic episode we go deep into MODERN MONETARY THEORY with Steve Grumbine, founder of Real Progressives and Host of Macro and Cheese, exploring how money is made up, how it's used and misused, what taxes are actually for, debunking the murderous lies of WHO'S GONNA PAY FOR IT and digging into two very close but very different theories on this crazy thing we call MONEY and what to do about it.   This episode is a great, tough conversation that got heated, was full of laughs and heartfelt connections, showing that we can agree to disagree and still be comrades in the battle against the B#LLSHIT open air prison of capitalism.

Steve Grumbine is the founder of Real Progressives and the host of the podcast Macro N Cheese. In the wake of the 2008 financial crisis, Steve went from being a lifelong conservative to a vocal supporter of Modern Monetary Theory. MMT is a relatively new economic framework that is best known by way of bestselling author Stephanie Kelton's The Deficit Myth as well as her role as an advisor to the Bernie Sanders campaign. In our conversation we discuss why MMT is such a game-changer for our understanding of the role of government and how we structure society. In the episode, we power through a bunch of MMT concepts to get to some of the more salient material so watching this video of Steve outlining some of the basic ideas at length is highly recommended. If you've ever wondered why so many wealthy societies are so bad at taking care of their citizens, this conversation goes beyond diagnoses and into prescription and provides a real pathway forward that lets us move beyond barriers and into the realm of really making structural change.

Streamed live on Aug 31, 2022.   Steve Grumbine of Real Progressives and host of the Macro & Cheese podcast returns to discuss how Social Security is actually paid for and why the elites have been lying to us about it for generations.   We'll also be speaking with Adam Hattersley, Democratic nominee for Florida CFO!   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange  ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER & INSTAGRAM: @JENFL23

Welcome to episode 133 of Activist #MMT. Today I talk with Charles Hayden about his role in creating at least three important milestones in MMT history, and how Warren Mosler played a integral role his journey to understanding and accepting MMT. The first milestone, as hinted at in the cool quote (what you heard at the very beginning), is the 2013 debate between Warren and Austrian economist Robert Murphy. The second is the 2020 conversation between MMT economist Pavlina Tcherneva and billionaire Mark Cuban, as hosted by Real Progressives. The third is a three-and-a-half-hour long talk and Q&A Warren gave in 2012 at a Texas church. This event was a personal milestone for a previous guest of mine, although I've not yet determined who. (Here's a link to part two. A list of the audio chapters in this episode can be found at the bottom of this post.) In part two, Charles and I discuss the many different realistic views of inflation, and how they're all connected by the fact that the national government is the monopoly price setter for the entire economy – whether they know it or not. This is one of the unique contributions of Modern Money Theory. As Charles told me, he wouldn't choose to be so public, or to have to fight so hard as an activist. He'd rather just enjoy his family, home, and backyard. There's not much hope in doing those things, however, without a stable, and not-blazingly hot, world in which to do it. Helping the general public understand the reality of our economic and financial systems is an important prerequisite in consolidating the power we need, in order to stand against those who benefit from instability and inequality – and who, most unfortunately, are exactly those who currently stand at nearly all the levers of power. If you like what you hear, then I hope you might consider becoming a monthly patron of Activist #MMT. Patrons have exclusive access to several full-length episodes, right now. A full list is here, each with a brief highlight. Patrons also get the opportunity to ask my academic guests questions, like in recent episodes with Dirk Ehnts, John Harvey, and Warren Mosler. They also support the development of my large and growing collection of learn MMT resources. To become a patron, you can start by going to patreon.com/activistmmt. Every little bit helps a little bit, and it all adds up to a lot. Thanks. And now, onto my conversation with Charles Hayden. Enjoy. Audio chapters 4:22 - Hellos, radiant barriers, time, and Stranger Things 6:10 - How he discovered MMT 14:56 - Warren talks for 3 1/2 hours at a Dallas church in 2012 23:45 - Mark Cuban 31:47 - MMT during COVID 35:20 - Frederic Lee - "Prices begin with Warren's monopolist." 38:57 - Mistaking Mark Cuban for Nick Hanauer 39:51 - You need to start from scratch (Mosler's business card story.) 50:08 - John Harvey 54:24 - Inflation- first thoughts 55:25 - Inflation is to the real world like a thermometer is to sickness (also, inflation the boogeyman) 1:01:01 - Duplicate of introduction, with no background music (for those with sensitive ears)

Welcome to episode 133 of Activist #MMT. Today I talk with Charles Hayden about his role in creating at least three important milestones in MMT history, and how Warren Mosler played a integral role his journey to understanding and accepting MMT. The first milestone, as hinted at in the cool quote (what you heard at the very beginning), is the between Warren and Austrian economist Robert Murphy. The second is the between MMT economist Pavlina Tcherneva and billionaire Mark Cuban, as hosted by Real Progressives. The third is a three-and-a-half-hour long talk and Q&A Warren gave in 2012 at a Texas church. This event was a personal milestone for a previous guest of mine, although I've not yet determined who. (Here's a link to part two. A list of the audio chapters in this episode can be found at the bottom of this post.) In part two, Charles and I discuss the many different realistic views of inflation, and how they're all connected by the fact that the national government is the monopoly price setter for the entire economy – whether they know it or not. This is one of the unique contributions of Modern Money Theory. As Charles told me, he wouldn't choose to be so public, or to have to fight so hard as an activist. He'd rather just enjoy his family, home, and backyard. There's not much hope in doing those things, however, without a stable, and not-blazingly hot, world in which to do it. Helping the general public understand the reality of our economic and financial systems is an important prerequisite in consolidating the power we need, in order to stand against those who benefit from instability and inequality – and who, most unfortunately, are exactly those who currently stand at nearly all the levers of power. If you like what you hear, then I hope you might consider becoming a monthly patron of Activist #MMT. Patrons have exclusive access to several full-length episodes, right now. A full list is , each with a brief highlight. Patrons also get the opportunity to ask my academic guests questions, like in recent episodes with , , and . They also support the development of my large and growing collection of . To become a patron, you can start by going to . Every little bit helps a little bit, and it all adds up to a lot. Thanks. And now, onto my conversation with Charles Hayden. Enjoy. Audio chapters 4:22 - Hellos, radiant barriers, time, and Stranger Things 6:10 - How he discovered MMT 14:56 - Warren talks for 3 1/2 hours at a Dallas church in 2012 23:45 - Mark Cuban 31:47 - MMT during COVID 35:20 - Frederic Lee - "Prices begin with Warren's monopolist." 38:57 - Mistaking Mark Cuban for Nick Hanauer 39:51 - You need to start from scratch (Mosler's business card story.) 50:08 - John Harvey 54:24 - Inflation- first thoughts 55:25 - Inflation is to the real world like a thermometer is to sickness (also, inflation the boogeyman) 1:01:01 - Duplicate of introduction, with no background music (for those with sensitive ears)

Real Progressives and Macro N Cheese are committed to bringing MMT to activists and folks with no background in economics. Many of us were only interested in learning how MMT disrupts the concept of taxes funding federal programs, but the more we know, the more we want to understand. MMT is funny that way. If you're new to MMT, this week's interview with L. Randall Wray might appear to be wonky and intimidating. But we urge you to listen and promise it will be worth it. We've had a few episodes dealing with inflation in recent weeks because that's where we are at this particular time in history. We believe it can't be talked about often enough because we're surrounded by misinformation in the mainstream media and lies from the mouths of so-called experts. Steve invited Randy to talk about the recent paper he co-authored with Yeva Nersisyan, another friend of this podcast. The title speaks volumes: Is It Time for Rate Hikes? The Fed Cannot Engineer a Soft Landing but Risks Stagflation by Trying. To put it bluntly, confronting inflation by raising interest rates is dangerous. Randy describes the catastrophic chain reaction – causing bankruptcies at home and tanking the economies of developing nations. He explains in detail how this happens, both to individuals and nations. The ‘experts' love to blame government spending for today's inflation – especially the paltry stimulus checks disbursed during the pandemic. Wages are another favorite culprit. Listeners to this podcast know these are not the causes. (How long ago were those damn checks?) However, both the pandemic and the current war have brought us supply chain disruptions. We can also look to corporate manipulation of prices and markups: “And they're very open about this. When they have their meetings with shareholders and others, they say, look, our customers are not going to blame us if we hike up the markups and take more profits, because they realize that inflation is creeping up. So, they're not going to blame us. So, let's do it. And they are.” Randy defines stagflation and its causes. He compares today's inflation to that of the 1970s along with the actions of the infamous Paul Volcker. He explains why the Fed's “tools” for fighting inflation are no tools at all. He suggests a legitimate role for a central bank includes protecting the public from banking fraud. He replies to Steve's question about eliminating the interest rate altogether: “This was actually Keynes's proposal to have a zero overnight interest rate. His proposal was to euthanize the entire rentier class. You all know what euthanize means. Mercy killing of the rentier. That is the class of people that live off collective interest. He saw them as functionless in the economy. They don't serve any useful function. So, let's euthanize them now. Keynes didn't really mean kill.” Steve talks of people's desperation as they look for solutions to the real-life problems that are not on the Fed's radar. Inflation could be addressed with targeted spending on behalf of the public using the fiscal power of Congress. Expecting the Federal Reserve to fix it with interest rate adjustments is like giving a child a fake steering wheel in the back seat and expecting them to drive the car. L. Randall Wray is a Professor of Economics at Bard College and Senior Scholar at the Levy Economics Institute. www.levyinstitute.org/scholars/l-randall-wray

On this edition of Parallax Views, former black metal journalist turned labor reporter "Grim" Kim Kelly joined me to discuss her new book Fight Like Hell: The Untold History of American Labor. We discuss the book, the role of women in the labor struggle from the beginning, how Kim got involved in labor organizing and unions, the neglected voices of labor history, and much, much more (including Kim's favorite black metal band). Then, in the second half, "The Rogue Scholar" Steve Grumbine, founder of Real Progressives and host of the Macro N Cheese podcast, joins me for a conversation about how he went from Reaganite boot-strap believer to believing in labor struggle after the Global Financial Crisis, explaining MMT, his thoughts on Chris Smalls and the Amazon Union Labor victory, and resisting the "doom pill". From the "About the Book" section for Fight Like Hell: The Untold History of American Labor on Simon & Schuster: A revelatory and inclusive history of the American labor movement, from independent journalist and Teen Vogue labor columnist Kim Kelly. Freed Black women organizing for protection in the Reconstruction-era South. Jewish immigrant garment workers braving deadly conditions for a sliver of independence. Asian American fieldworkers rejecting government-sanctioned indentured servitude across the Pacific. Incarcerated workers advocating for basic human rights and fair wages. The queer Black labor leader who helped orchestrate America's civil rights movement. These are only some of the working-class heroes who propelled American labor's relentless push for fairness and equal protection under the law. The names and faces of countless silenced, misrepresented, or forgotten leaders have been erased by time as a privileged few decide which stories get cut from the final copy: those of women, people of color, LGBTQIA people, disabled people, sex workers, prisoners, and the poor. In this assiduously researched work of journalism, Teen Vogue columnist and independent labor reporter Kim Kelly excavates that history and shows how the rights the American worker has today—the forty-hour workweek, workplace-safety standards, restrictions on child labor, protection from harassment and discrimination on the job—were earned with literal blood, sweat, and tears. Fight Like Hell comes at a time of economic reckoning in America. From Amazon's warehouses to Starbucks cafes, Appalachian coal mines to the sex workers of Portland's Stripper Strike, interest in organized labor is at a fever pitch not seen since the early 1960s. Inspirational, intersectional, and full of crucial lessons from the past, Fight Like Hell shows what is possible when the working class demands the dignity it has always deserved.

Editor’s note: We apologize for the lateness of this interview. This months, one of us had extensive health issues and another had a very urgent personal issue that had to be dealt with. We sincerely apologize, and we add extra episodes in the upcoming months. Today, we have Miguel Arjona Sanchez, Professor of Constitutional Law, join us for the second time to discuss the true history of the Euro and all the problems that stem with it. Don’t forget to also listen to our first interview with Miguel.Show Notes1:00 - 2:35 What is money. Miguel describes society’s relationships to money.2:35 - 5:55 What happened when Spain went to the Euro. How the Euro (Gold Standard)  hurts some of the countries more than others.5:55 - 7:20 Iberian Union - would have been a union between Spain and Portugal7:20 - 9:20 How Portugal got integrated into the EU.9:20 - 15:25 Notional inequality of the EU and how the created a “Frankenstein Currency”15:25 - 18:00 The EU is not a democracy. The union is suppose to be a temporary stop but people in power are comfortable so the future is not clear.18:00 - 18:35 The EU is transforming Europe into America/Destroying European model18:35 - 22:20 Why are the cracks in the EU (Poland and Hungary) happening?22:20 - 23:45 Greek Debt Crisis23:45 - 24:45 US view of the Euro24:45 - 26:20 Spain’s economy after 200926:20 - 27:30 How healthcare changed in Spain under the EU.27:30 - 29:00 Germany’s economy issues under EU.29:00 - 31:05 Austerity policies were issued to try to “pay the debt”.31:05 - 32:45 France’s Military Complex helps their economy in the EU.33:15 - 35:40 How China’s Belt Road Initiative will hit the EU (predictions).35:40 - 36:50 The EU is more concerned with relations with Russia and how Americasactions and sanctions will play out on them.36:50 - 38:05 Southern Europe has its own issues.38:05 - 38:45 Is there a better way possible?38:45 - 40:00 Scarcity policies - EU repeating what happened to the Weimar Republic.40:00 - 44:00 Capitalism, the Western Elites and WW244:00 - 45:35 The need to stop socialism/communism for the capitalists.45:35 - 47:15 Need to move away from capitalism to socialism.47:15 - 48:50 American economy and how liberalism and socialism could work together.48:50 - 53:50 Why is there a far-right resurgence in Spain? 53:50 - 54:30 Spain’s economy of tourism.54:30 - 55:46 Miguel talks about his projects on the Euro and the Job Guarantee in Europe and Financial Globalization.We lost a lot of paid subscribers this month. Unfortunately, with the way our health and personal issues are, we need you more than ever. Please consider subscribing. It is only $5 a month.Tonight, I will be giving a presentation on Propaganda with the Real Progressives. Please register. It is free (I think) Get full access to Historic.ly at historicly.substack.com/subscribe

Jordan is Joined by Steven D Grumbine of Real Progressives! His youtube channel @Real Progress In Action Website: https://www.realprogressives.org/ Georgia Fort, journalist joins Jordan to discuss Amir Locke's death by Police in Minneapolis. Twitter: @ByGeorgiaFort SUPPORT Status Coup's ON-THE-GROUND and investigative reporting on the stories the corporate media COVERS UP: https://www.StatusCoup.com/Join Shop our collection of clothes that are both high quality, and from sustainable sources: Get shirts based on different quotes from Jordan Chariton such as 'The United Corporations of America' Now! Get yours at https://www.StatusCoup.com/Store --- Support this podcast: https://anchor.fm/statuscoup/support

Jordan is Joined by Steven D Grumbine of Real Progressives! His youtube channel @Real Progress In Action Website: https://www.realprogressives.org/ Status Coup Store w/ 'United Corporations of America' Shirt: https://www.statuscoup.com/storeMember Exclusive Shirt: https://statuscoupmember.com/memberstore SUPPORT Status Coup's ON-THE-GROUND and investigative reporting on the stories the corporate media COVERS UP: https://www.StatusCoup.com/Join Shop our collection of clothes that are both high quality, and from sustainable sources: Get shirts based on different quotes from Jordan Chariton such as 'The United Corporations of America' Now! Get yours at https://www.StatusCoup.com/Store --- Support this podcast: https://anchor.fm/statuscoup/support

**Have you seen the Rogue Scholar, Steve Grumbine's new brown bag lunch show on Mondays, Wednesdays, and Fridays at noon EST? For interviews, commentary, and, of course, MMT, go to Real Progress in Action on YouTube. Newcomers to MMT tend to draw a blank when they are told that taxes drive the currency or taxes created the first unemployed person. After all, none of that seems to track with the way they personally experience taxes. Warren Mosler makes sense of it by starting with the money story, using the example of colonial currency. The British wanted workers on African coffee plantations, but people were not clamoring to be hired. So, they created a coin or scrip and levied a hut tax payable in the new currency. The public purpose behind what the British were doing was to grow coffee. They levied a tax. They put a tax liability on everyone's house. That caused lots of people to be looking for work or look for some way to earn scrip so they could pay the tax so their house wouldn't be burned down ... It's just a tax liability. Nobody has any yet. Those are called unemployed. And so, the hut tax created unemployment. Some of the scrip was used to pay taxes and the rest became the money supply in the local economy. The British did not collect taxes to accrue currency for payroll, just as the US did not need to collect taxes (or borrow dollars from China) in order to distribute COVID stimulus checks. By getting the sequence all wrong, mainstream economic models cannot arrive at correct solutions. It leads to hyperbolic predictions of the US becoming like Greece (Venezuela? Zimbabwe? The Weimar Republic?), appealing to the IMF on bended knee. This week's Macro N Cheese is the recording of Warren Mosler's January 5th presentation to members of the US Green Party, hosted by Real Progressives. The episode includes excerpts from the Q&A following his talk. He explains why a sovereign currency is a public monopoly, discusses the policy implications of the money sequence, debunks misconceptions about the Federal Reserve, and defines the “national debt.” The full two-hour session is available at Real Progress in Action on YouTube. Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, US Virgin Islands, where he owns and operates Valance Co., Inc. He is the author of “The Seven Deadly Innocent Frauds of Economic Policy” and “Soft Currency Economics,” which are available on his website. moslereconomics.com @wbmosleron Twitter # MMT #inflation #Fed #debt #deficit #Treasury #China #trade #currency #money Support this podcast

Subscribe to Steve Grumbine on Real Progress in Action on Youtube: https://www.youtube.com/c/RealProgressInActio Visit the Real Progressives site at: https://realprogressives.org/ SUPPORT Status Coup's ON-THE-GROUND and investigative reporting on the stories the corporate media COVERS UP: https://www.StatusCoup.com/Join Shop our collection of clothes that are both high quality, and from sustainable sources: Get shirts based on different quotes from Jordan Chariton such as 'The United Corporations of America' Now! Get yours at https://www.StatusCoup.com/Store --- Support this podcast: https://anchor.fm/statuscoup/support

Jordan Chariton of Status Coup & Steve Grumbine of The Real Progressives join us to discuss the state of the 4th Estate and what we can do to combat Big Tech's suppressive algorithm!   We'll also be speaking with Nabliah Islam, candidate for State Senate District 7 in Georgia!   Check out our Patreon for more! ☀️ patreon.com/JENerationalChange  __  ☀️ WEBSITE: jenerationalchange.com ☀️ TWITTER & INSTAGRAM: @JENFL23 ☀️ PATREON: patreon.com/JENerationalChange

Michelle opens with the Supreme Court yesterday blocked the Biden administration's vaccine or testing mandate for large employers. Michelle mentions an NPR's interview with a business owner who was relieved that the mandate was struck down, not because he didn't believe in vaccines, but because so many businesses are still in chaos over all the other pandemic fallout. John shares with listeners an article from Yahoo News about the CIA training Ukrainian paramilitary. Then, Aaron Good, political scientist and host of the American Exception podcast on Patreon. His doctoral dissertation is going to published by Skyhorse in April under the title 'American Exception: Empire and the Deep State' joins the Misfits. Aaron explains Newsom's decision not to release Sirhan Sirhan, alleged assassin of Robert Kennedy Jr. Good points out that the autopsy, witness accounts and a second shooter clears Sirhan yet Establishment Democrats have long been opposed to Sirhan's release. Next, John and Michelle are joined by Eugene Craig, Republican strategist and former vice-chair of the Maryland Republican Party they delve into likely contenders for the 2022 midterms and 2024 run for president. No Trump 2.0 in 2024 Trump would prefer a role such as, Speaker of the House instead. No long campaign because you do not need to be a member of congress to be Speaker. Not likely because some Republicans will be opposed and certainly all Democrats.Mitch McConnell remains important to Republicans as an effective leader while Kevin McCarthy is a shell of leadership abilities. Former governor of Maryland Larry Hogan, a moderate Republican, not likely to run for president. Hogan does not want to risk a loosing campaign running for POTUS yet he's likely to run for Senate. Steve Grumbine, Founder and CEO of the nonprofits Real Progressives and Real Progress in Action. He's host of the podcast Macro n Cheese. He's also a leading activist and evangelist for Modern Monetary Theory. Talks with the Misfits about what's behind the story of spiking inflection. The severity of the surge will wane once supply chains catch up. Opportunistic monopolies are exploiting the pandemic and raising prices. Last, the misfits look ahead to all that Prince Andrew, formally known as the Duke of York, has to look forward to.

We talk to Steve Grumbine of Real Progressives about Modern Monetary Theory (MMT) and how it frees us to provide Reparations to US Freedmen. Read our Justice Requires Equity platform & get on our email list: https://wp.me/paRDyR-e8H Subscribe on YouTube: https://tinyurl.com/36x8cwvh Support us on Patreon: https://tinyurl.com/m7a8r7hu Volunteer: If you support our mission and are looking for ways to use your skills to help out, please fill out this form. Follow The Reset Race Crew: Sam Aka The Khaleesi: https://twitter.com/me17trillion Jon C: https://twitter.com/jondannyoc Mud: https://twitter.com/oflineage Josiah "Joey" Killmonger: https://twitter.com/JoeBlackTheKing Michael ‘MG' Graham: https://twitter.com/actifymg_rr Reset Race Official Twitter: https://twitter.com/ResetRace Resources: What We Get Wrong About Closing the Racial Wealth Gap: https://tinyurl.com/xekves53 Umbrellas Don't Make It Rain: https://tinyurl.com/9r76unkr Bootstraps Are For Black Kids: Race, Wealth, and the Impact of Intergenerational Transfers on Adult Outcomes: https://tinyurl.com/j7s4sveh From Here to Equality: Reparations for Black Americans in the Twenty-First Century: https://tinyurl.com/bkrnhkr6 Future of a Movement: https://tinyurl.com/wa8j67sw What HR40 Gets Wrong and Why: https://tinyurl.com/2wnrwdp5 Benign Neglect, Reparations, and Juneteenth: https://tinyurl.com/3tnyacx6 A Blueprint for Reparations in the US | William "Sandy" Darity: https://tinyurl.com/4wp9jz69 From Here To Equality: Reparationist FAQs #1: https://tinyurl.com/fc2477xm From Here To Equality: Reparationist FAQs #2: https://tinyurl.com/bkc6k9 From Here To Equality: Reparationist FAQs #3: https://tinyurl.com/xynzz5wr Simulating How Progressive Proposals Affect the Racial Wealth Gap: https://tinyurl.com/4ak88yhy Older Americans Stockpiled a Record $35 Trillion. The Time Has Come to Give It Away: https://tinyurl.com/etd4d8wh We appreciate all of you! --- Send in a voice message: https://anchor.fm/resetrace/message Support this podcast: https://anchor.fm/resetrace/support

Steve Grumbine joins the crew to discuss MMT (Modern Monetary Theory) its implications and overall economics. Steve is a founder of RealProgressives.org and the YouTube channel Real Progressives in action. Prepare your mind to be blownSabrina does a top 10 of strange wedding customsBenjamin talks about a Giant rubber duckand Brent Lee talks about Coach Dave thinking BLM gets way too much money and Christians are the real victims

Birrion Sondahl is a ski instructor at Keystone Colorado and cohost of the Crawdads & Taters Podcast https://podcasts.apple.com/us/podcast/crawdads-and-taters-red-state-rebels/id1559745153He is a former Bernie delegate and we talk about creating change within the Democratic party and the system, modern monetary theory, the drug war and about the way our system devalues humans. Here's a link to his writings on Substack:https://birrion.substack.com/You can find him on Twitter here:https://twitter.com/birrionAnd here's a link to his work at Real Progressives:https://realprogressives.org/author/birrionsondahl/Special thanks to Chinwave for the intro/outro music. Please listen to their sound at https://www.chinwave.com/ Supporting music and especially live music is important. Music is love. https://twitter.com/chinwavemusicSupport the show (https://www.patreon.com/pinealpodcast)

Your Crawdads and Taters hosts interview each other to answer the question: Why this podcast, and why now? Erin McCarley is an independent photographer, journalist and filmmaker, based in the foothills outside Denver, Colorado. With a master's degree in photojournalism from UT Austin, her still photography, videos and writing have been published by Common Dreams, CounterPunch, Dissident Voice, Due Dissidence, Yes! Magazine, the Denver Westword, TeleSUR, Free Speech TV in Boulder, CO, KLRU TV in Austin, TX, The Christian Science Monitor, the MIT Press, the Ford Foundation, Science Daily, The Daily Texan, the University of Texas, and various non-profit organizations. Bilingual in English and Spanish, she has worked as a freelance reporter in Mexico, Guatemala and Venezuela. Birrion Sondahl is a former Bernie 2020 super volunteer, canvasser, text sweeper, and national delegate. He was also the campaign coordinator for Arn Menconi's 2020 State Senate primary. He is an activist currently living in Dillon, Colorado. He has a bachelor's degree in Military History from American Military University and has been published in Military History Online, Due Dissidence, Dissident Voice, and Real Progressives. He currently writes a column with Real Progressives. Please consider becoming a sustaining member of Crawdads & Taters at https://www.patreon.com/crawdadsandtaters

Welcome to the IndependentLeft.News Daily Headlines podcast for Friday, March 5th, 2021 Early Edition - https://independentleft.news/?edition_id=e56ae9b0-7daf-11eb-8e7a-fa163edbd376&utm_source=anchor&utm_medium=podcast&utm_campaign=top-headlines-podcast&utm_content=ILN-Anchor-top-headlines-podcast-early-ed-03-05-21 Top Headlines:

Welcome to the IndependentLeft.News Daily Headlines podcast for Monday, December 14th, 2020. Special thanks to all who have been supporting this podcast: just to name a few, Dominic from SOS Fuel, Niki Sixx from Backyard Politix, Mona Carmona and Ron Placone for the theme song & many more. Early Edition - https://independentleft.news/?edition_id=6eb9f300-3e09-11eb-a49c-002590a5ba2d&utm_source=anchor&utm_medium=podcast&utm_campaign=top-headlines-podcast&utm_content=ILN-Anchor-top-headlines-podcast-early-ed-12-14 Top Headlines: