Macro Musings with David Beckworth Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default
May 8, 2023
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Introduction
00:00 • 2min
The Fed's Targeting of Financial Conditions
02:18 • 5min
How to Manage Inflation in the Post-Cainesian Economy
06:51 • 5min
The Argument for Fiscal Policy in an MMT World
11:40 • 3min
The MMT Response to Inflation
14:51 • 5min
The Role of Supply Chains in Peace
20:07 • 4min
The Importance of Fiscal Policy in the Face of Secular Stability
24:25 • 2min
The Future of MMT
26:25 • 3min
The Future of Economic Policy
29:32 • 4min
The Case for a Mint the Coin Solution
33:44 • 3min
The Concern About the Federal Reserve Breaking Norms
37:09 • 2min
The 14th Amendment and the Debt Ceiling
39:18 • 2min
Can the Federal Reserve Issue Securities?
41:38 • 4min
The Fed's Thinking About Debt Fed Bills
45:14 • 4min
The Fed's Approach to Monetary Policy
49:30 • 5min
The Role of Monitorism in the Economy
54:31 • 4min
The Impact of the Volcker Shock on the Economy
58:54 • 4min
The Role of Market Trading in Financial Markets
01:02:51 • 5min