PJ Pierre

PJ Pierre, a global macro trader and MMT expert from Denali Asset Management, shares insights into Modern Monetary Theory and its implications for fiscal policy. He challenges the traditional belief that taxes must precede government spending, discussing how this view shapes economic perceptions. Pierre explains the mechanics of currency issuance and the risks of inflation, alongside the critical role of banking in MMT. The conversation also touches on fiscal dominance, labor market trends, and the impact of government investment on economic innovation.