The MMT Podcast with Patricia Pino & Christian Reilly #3 Why we can always afford a war
4 snips
Apr 27, 2018 Patricia Pino and Christian Reilly discuss the myths surrounding government 'debt' and how politicians never question funding wars. They explain the government's ability to create currency independently of tax revenue and debunk misconceptions about deficits and inflation. The discussion also covers government regulations, bank lending, and economic strategies during World War II.
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Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 3min
Government Spending, Taxes, and Inflation: Debunking Misconceptions
02:37 • 7min
Monetary Policy and the Role of the Bank of England
10:05 • 6min
Discussion on the 2008 financial crisis and banking laxity in assessing debt repayment
16:18 • 2min
Government Regulation and Bank Lending During Quantitative Easing
17:49 • 2min
Understanding Government Spending, Borrowing, and Bonds in the Economy
19:21 • 3min
Government Policies and Economic Strategies during World War II and Post-War Period
22:06 • 17min