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Mark Blyth interviews Stephenie Kelton – Do Deficits Matter (MMT Explained)

Summary:
Last year Mark Blyth said that MMT can only work for the US because it held the reserve currency, and he even then it might negatively effect other economies, he added. But recently he has become a staunch advocate for MMT, so you wonder that if he can change his mind, then what about all the other economists who criticise MMT?Stephanie Kelton believes conservatives may favour the Job Guarantee more when they find out that it will be local government that will manage the system. When you think it will be putting people to work, this has got to be a good selling point too.This wouldn't work in my browser, so I had to use Soundcloud.SoundcloudMark Blyth interviews Stephenie Kelton - Do Deficits Matter (MMT Explained)

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Last year Mark Blyth said that MMT can only work for the US because it held the reserve currency, and he even then it might negatively effect other economies, he added. But recently he has become a staunch advocate for MMT, so you wonder that if he can change his mind, then what about all the other economists who criticise MMT?

Stephanie Kelton believes conservatives may favour the Job Guarantee more when they find out that it will be local government that will manage the system. When you think it will be putting people to work, this has got to be a good selling point too.

This wouldn't work in my browser, so I had to use Soundcloud.

Soundcloud

Mark Blyth interviews Stephenie Kelton - Do Deficits Matter (MMT Explained)

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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