Deficit Owls | Government Can Buy Things The Private Sector Doesn't Want @deficitowls5296 | Uploaded September 2016 | Updated October 2024, 5 hours ago.
Professor L. Randall Wray on the Thom Hartmann show to discuss Modern Money Theory. Wray responds to critics of MMT who claim it will cause inflation by pointing out that if the government is buying things that the private sector already isn't using or doesn't want, then there's no reason that prices would go up.
See the whole interview starting here: youtube.com/watch?v=O03xa40oDPI&index=1&list=PLgcM72HHp0MOXIjA_C9eTPrtgMQJZZF_7
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Professor L. Randall Wray on the Thom Hartmann show to discuss Modern Money Theory. Wray responds to critics of MMT who claim it will cause inflation by pointing out that if the government is buying things that the private sector already isn't using or doesn't want, then there's no reason that prices would go up.
See the whole interview starting here: youtube.com/watch?v=O03xa40oDPI&index=1&list=PLgcM72HHp0MOXIjA_C9eTPrtgMQJZZF_7
Like Deficit Owls on Facebook and Twitter: facebook.com/DeficitOwls
twitter.com/DeficitOwls