Call: (713) 526-5738 – Live stream: KPFT (Entire USA) Radio Show Date: July 28th, 2016
Economists have been effectively lying for decades – Modern Monetary Theory is the answer
You can also find previous episodes on YouTube here.
Today we discuss Modern Monetary Theory and why it logically solves all of our economic problems. Our guest is Arliss Bunny. She will discuss how MMT would solve all our fiscal and economic problems in the country.
According to Wikipedia, Modern Monetary Theory ” is an economic theory that details the procedures and consequences of using government-issued tokens as the unit of money, i.e., fiat money. According to modern monetary theory, “monetarily sovereign government is the monopoly supplier of its currency and can issue currency of any denomination in physical or non-physical forms. As such the government has an unlimited capacity to pay for the things it wishes to purchase and to fulfill promised future payments, and has an unlimited ability to provide funds to the other sectors. Thus, insolvency and bankruptcy of this government is not possible. It can always pay””
Arliss Bunny is a progressive rabbit American and economics wonk. She is the author of the well-reviewed e-book, The Smart Bunny’s Guide to Debt, Deficit and Austerity, which is being used as a text book at the university level as an introduction to Modern Monetary Theory. Arliss has two more Smart Bunny books due out this Fall, The Smart Bunny’s Guide to the Federal Reserve and The Smart Bunny’s Guide to Social Security. Arliss also has her own weekly radio program and podcast, Hopping Mad with Will McLeod and Arliss Bunny, airing on Netroots Radio at 8AM on Mondays or via podcast on Stitcher, iTunes and GooglePlay. You can reach Arliss on Twitter as @ArlissBunny or @ImHoppingMad. Her personal motto is, “Politics. Economics. Carrots!”
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But let’s get to the Blog of the Week.
Blog of the week
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My Blog Posts Of The Week
- Are algae still being cultivated and processed for renewable biofuels?
- What are the environmental/climate benefits (or drawbacks) of the Inflation Reduction Act?
- Fmr. Georgia Republican Lt Governor: He’s voting for a decent man, Biden, not a criminal, Trump.
- Christian Politicians & religious figures: The data says it is you who are a danger to our children.
- Tim Scott went all fascist on Meet The Press making it clear he will only accept a Trump win.
- AT LAST! Journalists defend student protesters on the merits. They’re on the right side of history!
- Washington GOP: We do not want to be a democracy — bad idea!
- Could plain-ol’ beach sand be the next frontier in renewable energy?
- What is wind repowering and why are environmentalists so bullish on it?
- Woe the pancakes! Is maple syrup really at risk due to global warming?
- What is “pre-bunking” when it comes to climate change?
- What are the potential health and environmental impacts of cement plants.
- Why are Bill Gates and Jeff Bezos, among others, so bullish on developing nuclear fusion
- Police reaction to university ceasefire protests shows our path to fascism & Joy-Ann Reid nails it!
- Breaking Down the Supreme Court’s Gender Deafness.
- Bold Prediction: Disregard polls. Democratic Landslide in 2024
- Donna Brazile owned Reince Priebus: Democrats won’t be silent. We want a country that functions.
- Republican slams colleagues: “I SERVE WITH SOME SCUMBAGS. They walk around with white hoods by day.”
- Stop raising interest rates & tariffs for problems created by corporations. There’s a better way!
- Is this hearing aid ad deceptive, intent on scamming healthcare dollars from seniors?
My Other Posts At DailyKOS.com
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