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Unpacking Modern Monetary Theory w/ Warren Mosler

Real Vision: Finance & Investing

NOTE

MMT and the Potential for Doubling the Wealth of the Nation

The speaker believes that they are waiting for him to die, as he's 74, before acknowledging his ideas/nThe speaker has had success in the past as a fund manager, with the highest risk adjusted returns of anyone/nThe current system is not as it seems and acknowledging this could double the real wealth of the nation/nPeople may fear wealth redistribution but growth of the pie, rather than cutting, would be the result of the speaker's approach/nCOVID showed that non-essentials could be given up to achieve environmental success/nPolitical will is necessary to achieve environmental success and the speaker is willing to provide a way forward if given the political will/nMMT (Modern Monetary Theory) isn't something that works and there may be constraints on its implementation

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