#25 Ellis Winningham: Challenging Orthodoxy (part 3)

In this engaging discussion, economist Ellis Winningham, known for challenging traditional economic views, takes listeners on a journey through the myths of barter and the gold standard. He clarifies the role of government in creating money and managing fiscal policy, debunking misconceptions about national debt. Winningham emphasizes employment and sustainability over austerity while explaining the dynamics of bonds and interest rates. He tackles listener questions, exploring the implications of economic sovereignty and the myth of job scarcity with MMT insights.