Dylan and Nima discuss a listener’s questions and comment about Modern Monetary Theory (MMT).
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)
Nima discusses an article by Cullen Roche on PragCap.com about the Federal Reserve, Quantitiative Easing (QE), interest rates, consumer price inflation, and asset price inflation (assflation).
Let’s Talk About QE and Assflation (https://www.pragcap.com/lets-talk-qe-asset-price-inflation/)
Nima and Dylan discuss Hyman Minsky’s views on banking and financial instability.
Why Minsky Matters (https://press.princeton.edu/titles/10575.html)