#123 Warren Mosler: Understanding The Price Level And Inflation

Patricia and Christian talk to MMT founder Warren Mosler about his recent paper on inflation, his proposals for overhauling banking, and simplifying the tax system.

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For an intro to MMT:

Listen to our first three episodes: https://www.patreon.com/posts/41742417

All our episodes in chronological order: https://www.patreon.com/posts/43111643

All our episodes with Warren Mosler: https://www.patreon.com/posts/42918786

A Framework for the Analysis of the Price Level and Inflation by Warren Mosler: https://docs.google.com/document/d/1sySbx6EHOAYpAjE4FGnYApdZNyY6rh79KzajZxSU884/edit

Warren Mosler’s banking reform proposals: https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html

Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887

Episode 30 - Steven Hail: Understanding Government Bonds (Part 1): https://www.patreon.com/posts/29621245

Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500

Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183

Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929 

Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683

Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678

Episode 88 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 1): https://www.patreon.com/posts/47638591

Episode 89 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 2): https://www.patreon.com/posts/episode-89-phil-47904999

Taxes For Revenue Are Obsolete by Beardsley Ruml: https://www.nakedcapitalism.com/2019/07/taxes-for-revenue-are-obsolete.html

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Show notes: https://www.patreon.com/posts/59856379