Nima discusses what professional money managers think about Modern Monetary Theory (MMT).
Source:
WHY DOES EVERYONE HATE MMT? (https://www.gmo.com/north-america/research-library/why-does-everyone-hate-mmt/)
Category: Monetary Economics
Monetary economics covers market events and phenomena that are mostly related to changes in the supply or the nature of the medium of exchange, money. In particular it deals with the effects of a government imposed fiat money versus a money that has prevailed on the free market.
What’s With This #MMT Garbage? (Amagi Podcast @Think_Liberty, Ep.29)
Nima and Dylan discuss more FEE MMT criticisms.
Sources:
Modern Monetary Theory: Debunking the Latest Incarnation of Government’s Magic Money Tree (https://fee.org/articles/modern-monetary-theory-debunking-the-latest-incarnation-of-government-s-magic-money-tree/)
Modern Monetary Theory and the Unspoken Effects of Inflation (https://fee.org/articles/modern-monetary-theory-and-the-unspoken-effects-of-inflation/)
Related Posts:
How (Not) To Criticize Modern Monetary Theory (#MMT) (Amagi Podcast @Think_Liberty, Ep.26)
Dylan and Nima discuss the good, the bad, and the ugly of MMT criticisms.
Sources:
Modern Monetary Theory Is Not Grounded in Economic Reality (https://fee.org/articles/modern-monetary-theory-is-not-grounded-in-economic-reality/?utm_source=zapier&utm&fbclid=IwAR28O2F6e4YZJzalUuDIDzXGwnohF8nkELcT-l0SkCQShBD07SeWFKN9_y8)
U6 Unemployment Rate (https://www.macrotrends.net/1377/u6-unemployment-rate)
MMT’s True Colors Appear (https://www.pragcap.com/mmts-true-colors-appear/)
Related Posts:
How Private Is The “Private” Banking System? (Amagi Podcast @Think_Liberty, Ep.25)
The Barter Theory Of Money Is Bogus: Listener Q’s Answered (Amagi Podcast @ Think Liberty, Ep.22)
Dylan and Nima discuss a listener’s questions and comment about Modern Monetary Theory (MMT).
Sources:
Empiricism Shatters The Barter Theory of Money (https://www.economicsjunkie.com/empiricism-shatters-barter-theory-money/)
Private Debt To Income (https://fred.stlouisfed.org/graph/?graph_id=347240)
Corporate Profits (https://fred.stlouisfed.org/graph/?graph_id=344834)
