The US-economist Warren Mosler belongs to the protagonists of the Modern Monetary Theory (MMT). What MMT means? In the following exclusive interview he gives an answer to this as well as to the Fed’s quantative easing, how money comes actually into existence, and the crisis of the euro.
Modern Monetary Theory
Our guest speaker for May is Emma Caterine, a consumer attorney, board member of Modern Money Network, and member of Democratic Socialists of America. She will give us an overview of how finance is profiting during the COVID-19 pandemic and in the coming recession. She will also talk about organizing and look at what needs to be done by and for working people to be freed from financial exploitation and the debt trap.