The MMT Podcast with Patricia Pino & Christian Reilly cover image

#13 Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask

The MMT Podcast with Patricia Pino & Christian Reilly

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Intro

This chapter introduces the fundamentals of Modern Monetary Theory (MMT), clarifying common misconceptions about the banking system and the role of government in currency issuance. The hosts aim to debunk myths about banks and debt, paving the way for a more detailed discussion of MMT and its implications.

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