Macro ‘N Chill – Demystifying Sellers Inflation
Understanding the secret truth of macroeconomics is in the cards! Listening party to discuss Macro N Cheese episode 267: Demystifying Sellers Inflation, ft Yeva Nersisyan. REGISTER HERE
Understanding the secret truth of macroeconomics is in the cards! Listening party to discuss Macro N Cheese episode 267: Demystifying Sellers Inflation, ft Yeva Nersisyan. REGISTER HERE
The main objections to MMT are the belief that adoption of a fiat money necessarily leads to high inflation and perceived government inefficiency. Let’s expose these boogeymen.
Can you separate the MMT explanation of the cause of unemployment from the policy to cure it? Yes. Should you? Of course not.
Once one understands that sovereign governments do not have to force millions to suffer involuntary unemployment, then the ethically defensible position of opposing a Job Guarantee is narrowed.
Our claim is that the economy with a Job Guarantee will be more stable than one without the Job Guarantee.