

#39 Kevin Muir: A Practitioner’s Guide To MMT (part 1)
Nov 27, 2019
Market strategist Kevin Muir, author of the Macro Tourist daily letter, shares his insights into Modern Monetary Theory (MMT) and its practical application in trading. He discusses common misconceptions about government spending and inflation, arguing that responsibly managed spending doesn't lead to economic collapse. Muir reflects on his journey from skeptic to advocate of MMT, offering anecdotes from his trading career. He humorously critiques the divisive opinions surrounding MMT, likening it to the love-it-or-hate-it spread, Marmite.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
Government Spending and Employment Dynamics
02:15 • 6min
The Journey of a Market Strategist: From Trader to Independent Success
08:05 • 4min
Navigating Modern Monetary Theory
11:37 • 16min
Unpacking Modern Monetary Theory
27:35 • 16min
Navigating Fiscal Rules: Political Dynamics and Creative Solutions
43:09 • 2min
Japan's Economic Strategies and MMT
44:54 • 13min
The Polarizing Flavor of MMT: A Humorous Exchange
57:32 • 2min