A Green New Tomorrow: A Survival Guide with Rohan Grey
In part 2 of our interview Rohan Grey talks about debt, public banking, the Green New Deal, and the job guarantee. He dispels some notions about robots and the UBI. (Podcast)
In part 2 of our interview Rohan Grey talks about debt, public banking, the Green New Deal, and the job guarantee. He dispels some notions about robots and the UBI. (Podcast)
The mystery is, while all this perpetual haggling and hand-wringing is happening, no one seems to be knocking on America’s door asking to be repaid.
Given the pressing needs America and the world now face, which profit-making enterprise has no interest in addressing, the time for Stage 5 money is at hand. We have it in our grasp. The question is: when we will see what it is and how to use it?
and why we should look to our board of directors to straighten it out.
The importance lies in a profound conceptual shift about what money isand how a modern, democratic society can use that new understanding to address public needs and pursue collective goals.
It regularly comes up in the comments section that Modern Monetary Theory (MMT) lacks a concern for inflation. That somehow we ignore the inflation risk. One of the surprising aspects of the public debate as the current economic crisis unfolded was the repetitive concern that people had about inflation. There concerns echoed at the same …
Modern monetary theory and inflation – Part 1 Read More »