An informal gathering to listen to Macro N Cheese with members of the community. Is the episode giving you new insights or raising new questions? Share them with the rest of us. This week we’ll be discussing Steve’s interview with Carlos Hernandez. Macro N Cheese episode 246, Fiat Socialism… the Convergence. (The podcast episode will …
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.
Why does it seem like there isn’t enough money to pay for the things we really need? Is it really true? Are we really too poor to put America back to work making and building the things we need to maintain a prosperous nation?
RP LIVE presents a talk by Scott Ferguson, followed by Q&A. Scott Ferguson serves as editor for The Money on the Left Editorial Collective. He is a research scholar at the Global Institute for Sustainability Prosperity and co-host of Money on the Left podcast. Scott holds a Ph.D. in Rhetoric and Film Studies. REGISTER HERE
This may sound like the plot for a Dickensian novel but, in fact, it is a precise description of what I think of as rethinking the reality of modern fiat money—a rethinking that enables collective society to achieve the full potential of its profit-making and not-profit making endeavors.
Enables a sovereign government to spend whatever fiat currency is necessary to enable and assist its collective society to mitigate and adapt to climate change.
What I am going to imagine here is an argument that a progressive politician (for example, someone associated with a new Biden administration) could make in support of direct government spending to address a serious challenge to our collective well-being. By “direct” government spending I imply spending which is not “paid for” by garnering either …
Modern fiat money, once it becomes a “visible reality” for more and more people, can’t help but become a force for positive change in our political discourse and collective future.
