Steve covers why the Neoclassical model of banking known as “Loanable Funds” is a dangerously misleading caricature of actual banking, why credit has a crucial role in macroeconomics, and why savings is a sensible activity for individuals but has a destructive impact on aggregate demand.
Patricia and Christian talk to MMT founder Warren Mosler about quantitative easing, interest rates, inflation and all things MMT in the current context. Listen here
“Riots are often justified, what’s the French Revolution but a riot blessed by history”
In Edition 87 of the March 2019 Tax Justice Network monthly podcast/radio show, the Taxcast (available on iTunes, Stitcher, Spotify and other podcast platforms): we discuss misleading reporting from the mainstream media on the financial […]