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Unpacking Modern Monetary Theory w/ Warren Mosler

Real Vision: Finance & Investing

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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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