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Bill Mitchell — Exploring the basic principles and myths surrounding MMT

Summary:
Here is a video of a presentation I made yesterday to a group of financial professionals in Brisbane. They are running a series on Modern Monetary Theory (MMT) and had originally invited me to debate a gold bug type from the US.I declined given that the person in question had made a series of vapid (being generous) comments about MMT and spending time with that level of hostility would have been a waste.So they decided to run the series over two weeks – with my presentation yesterday and his next week. The twain shall never meet!The talk went for about 30 minutes and is quite elementary – more to give a feel for what a skeptic needs to keep under control before launching into an attack on our work.Some questions followed.…Bill Mitchell – billy blogVideo – Exploring the basic principles

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Here is a video of a presentation I made yesterday to a group of financial professionals in Brisbane. They are running a series on Modern Monetary Theory (MMT) and had originally invited me to debate a gold bug type from the US.

I declined given that the person in question had made a series of vapid (being generous) comments about MMT and spending time with that level of hostility would have been a waste.

So they decided to run the series over two weeks – with my presentation yesterday and his next week. The twain shall never meet!

The talk went for about 30 minutes and is quite elementary – more to give a feel for what a skeptic needs to keep under control before launching into an attack on our work.

Some questions followed.…

Bill Mitchell – billy blog
Video – Exploring the basic principles and myths surrounding MMT
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
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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