24min chapter

The Peter McCormack Show cover image

WTF is Happening in 2020? With Guy Swann, Ben Prentice & Heavily Armed Clown - WBD252

The Peter McCormack Show

CHAPTER

Debating Economic Ideologies

This chapter engages in a rigorous examination of Keynesian Economics and Modern Monetary Theory (MMT), highlighting logical errors and critical thinking deficits in prevailing economic policies. The discussion explores the implications of monetary practices, particularly the tension between inflation and deflation, and critiques government spending's role in economic instability. Ultimately, it raises concerns about human behavior in economic systems and the potential dangers of MMT, emphasizing the need for sound economic principles and governance.

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