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Podcast – Like It or Not, a Modern Monetary Theory Experiment Is Underway

Summary:
Robert Hormats says the pandemic has forced the ‘involuntary utilization’ of MMT. Robert Hormats, who has worked in senior economic and trade policy roles under five different U.S. presidents and spent 25 years at Goldman Sachs Group Inc., believes the Covid-19 pandemic has forced the government to embark on what could be considered an involuntary experiment with Modern Monetary Theory. Now a managing director at wealth-advisor Tiedemann Advisors, Hormats joins this week’s “What Goes Up” podcast to discuss MMT, the U.S.-China relationship, prospects for a coronavirus vaccine – and how investors should think about all of it. Bloomberg Podcast  Podcast - Like It or Not, a Modern Monetary Theory Experiment Is UnderwayIf the above doesn't work try this link

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Robert Hormats says the pandemic has forced the ‘involuntary utilization’ of MMT.


Robert Hormats, who has worked in senior economic and trade policy roles under five different U.S. presidents and spent 25 years at Goldman Sachs Group Inc., believes the Covid-19 pandemic has forced the government to embark on what could be considered an involuntary experiment with Modern Monetary Theory.

Now a managing director at wealth-advisor Tiedemann Advisors, Hormats joins this week’s “What Goes Up” podcast to discuss MMT, the U.S.-China relationship, prospects for a coronavirus vaccine – and how investors should think about all of it.

Bloomberg Podcast 

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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