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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- Partisan Gridlock with Geoff Berg on Fridays at 3:00 PM
- Jazz Latino, AfroCuban Latin Jazz at its very best hosted by Juan Flores on Mondays at 10:00 PM
- Asamblea Popular de Houston, Thursday 7 PM on HD3. Today Wilson Juarez will be speaking about the Free Trade impact on immigration.
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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
- Spineless greedy parasitic CEOs are sucking up to Trump, a clear and present danger to all.
- SAY NO! The US Postal Service is more efficient than FEDEX & UPS yet Trump wants to privatize it
- This Bernie interview is how health insurance killing ways go unchallenged by the mainstream media.
- Andrea Mitchell: We found the deep state. It’s the Trump first administration’s DOJ.
- Why solving America’s problems requires a willingness to look in the mirror with clear lens.
- The proper analysis of the Luigi Mangione and UnitedHealthcare CEO Brian Thompson story.
- Mainstream media “real news” makes clear why MAGA exists.
- Sewage-based fertilizer tainted with “chemicals” poisoned Texas farmers’ land & livestock.
- A European’s thoughts about America’s grave sin in reelecting Trump.
- Senior Citizen caller refused to accept the Medicare Advantage SCAM from the insurance company.
- SAY NO TO MEDICARE ADVANTAGE: It is a SCAM that’s desperate as the enrollment deadline approaches.
- Progressives want America’s lousy healthcare system to be more like these countries.
- Don’t fall for the con Trump had the smallest win not a mandate
- How can we design houses and buildings that are resilient to climate change, that can survive
- How is crowdsourcing of data gathering helping us keep track of environmental issues?
- Now that we are a few decades into the process of removing dams, how are the fish ecosystems doing?
- Is it true that using robots can help us reduce our carbon footprint?
- I often find old tennis balls in a nearby park, likely lost by dog owners.
- Have extreme weather events in places like Asheville, NC made people rethink “climate refuges.”
- How were elephant seals saved from extinction?
My Other Posts At DailyKOS.com
Coffee Party Radio Shows
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