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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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
- Mexico’s president lashes back at the U.S. hypocrisy of the U.S. running lying ads in Mexico.
- Misinformed MAGA caller schooled on immigration, capitalism, and his flawed assumptions.
- A primer on how we get screwed by the rich via taxes, bonds, media, and politicians.
- Why tariffs will fail as Trump empowers China. MSNBC host and Apple’s CEO Tim Cook explain.
- MAGA Caller fell into an intellectual trap attempting to disparage DEI with MEI.
- NEW GOP TALKING POINT: Trump is implementing Bernie Sanders & AOC policies. It’s False
- Are seaweed farms good for the planet or is that just industry hype?
- What does the U.N. hope to accomplish by declaring 2025 the International Year of Glaciers’ Preservation
- What’s the connection between microplastics and increased antibiotic resistance?
- When will it be possible to drive across the U.S. in an electric vehicle nonstop.
- Do not despair. Here’s how we are making a difference.
- Why David Brooks finally gets it mostly right about the need for an uprising.
- DOGE was a complete failure that did not save dollars and disrupted Social Security, among others.
- Former Donald Trump supporter explains why her bible research makes it clear he is the Antichrist.
- Understanding the dangers we are in with a potential bond market crash from Trump’s policies.
- This movement-hurting progressive caller proves MAGA does not have a monopoly on close-mindedness.
- Double-talking Joe Scarborough goads Blue State Republican to ding Red States as welfare states.
- USA on path to a Depression: Here is why this reputable hedge fund manager all but said it!
- Trump is purposefully destroying the country out of spite. Here is what we must do!
- Trump’s tariffs penalize the working class for the sins of the rich and corporate America
My Other Posts At DailyKOS.com
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