The MMT Podcast with Patricia Pino & Christian Reilly cover image

#126 Dirk Ehnts: How Banks Create Money

The MMT Podcast with Patricia Pino & Christian Reilly

CHAPTER

Are We Going to Have a Capitalist Sector or a Market Sector?

In he i the ner liberal main stream view the government is entirely dependent on funds extracted from the private sector in order to spend. But often, because the rich are perceived as the issue, the problem, it neutres the state from taking any action against them. So when m m t comes in, you have a state that actually, you know, is by no means perfect democracy. Still has a long way to go but at the very least there is a means now by which to capture that state and actually take action"

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