Deficit Owls | MMT Policies Apply To Any Size Government @deficitowls5296 | Uploaded August 2016 | Updated October 2024, 27 minutes ago.
Warren Mosler discussing the difference between political decisions over the size of the government, and economic decisions over how the government should run the economy. Modern Money Theory is perfectly compatible with people who believe that the government should be small. However, MMT also proposes, through the Job Guarantee, that the government should be used to employ resources that the private sector is ignoring (by giving a fixed wage low enough to not compete with the private sector).

See the whole video here: youtube.com/watch?v=UfW5oI1DvvQ

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