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!”
Before I get to the program, I want to remind all our listeners that KPFT is a bastion of intelligent voices and programs. As a political activist, my favorites are
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This is KPFT 90.1 FM in Houston Texas. We want to hear your voice. We want to hear your thoughts. Let’s talk. I will also be following our hashtag #PoliticsDoneRight on Twitter @EgbertoWillies. You can listen to the live stream, or listen to the podcast/vlogcast (links at beginning of post). Folks do remember this is a call in show. Call me at (713) 526-5738.
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 there ways living organisms can be used to fix pollution?
- Which companies and industry sectors stand to profit the most from global warming?
- Professor nails how tariffs are likely to cost Americans using the washing machine tariff history.
- Tariffs 101: This is how tariffs really work and how Trump is attempting to screw MAGA and us all
- CNN’s Jake Tapper allows Speaker Johnson to lie about the One Big Beautiful Bill to Americans.
- 60 Minutes Scott Pelley nails Trump in his NC Wake Forest University speech.
- AOC scolds Republicans for supporting the for-profit Medicare Advantage waste, fraud, and abuse.
- One Big Beautiful Bill will starve a large portion of Trump’s MAGA base.
- The King of Debt, Trump, will turn America into Argentina.
- Racist National GOP Machine Makes Its Pitch for Harris County
- China ‘deal’ sealed the reality that the American led order is over.
- What is mariculture and why are proponents so bullish on it as a solution to environmental challenges?
- What’s being done to get more minorities into green jobs?
- How big a role has corruption played in slowing the global fight to combat climate change
- Am I being exposed to harsh chemicals when I get a manicure or pedicure?
- How is air quality across the U.S. these days?
- Which U.S.-based Fortune 500 companies are turning their backs on previous climate commitments.
- What is “social housing” and how is it a climate solution?
- How have Trump’s budget cuts affected U.S. national parks
- This is why the Republicans fear Alexandria Ocasio-Cortez
My Other Posts At DailyKOS.com
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