4.4 • 1.6K Ratings
🗓️ 1 April 2019
⏱️ 37 minutes
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Cullen Roche, the author of the financial blog Pragmatic Capitalism, explains why he went from an adherent of Modern Monetary Theory (MMT) to one of its loudest critics.
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1:05.0 | I'm Joe Weisenthall. |
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1:08.0 | Tracy, have you noticed that there is a lot of talk about MMT lately. |
1:14.0 | No, no Joe, I haven't noticed. |
1:18.0 | What's MMT? |
1:19.0 | No, it seems like hardly a day goes by where someone doesn't weigh in. |
1:25.0 | MMT, it stands for modern monetary theory. |
1:28.5 | It's a, I guess a school of economic thought that's exploding in popularity right now very much online. |
1:37.1 | And it's kind of complicated and there's a lot to it, but I think the gist is that people |
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