Real Progress In Action | TRS: Making New Ideas Stick @RealProgressInAction | Uploaded February 2023 | Updated October 2024, 2 hours ago.
Doesn't it feel like no matter how hard you try to explain something to someone that it doesn't stick? Worse, how often do you learn something only to no longer retain it or even worse... should you retain it, it is just a bunch of poorly analyzed talking points that miss the entire reason for the knowledge?

We believe all materials used in this video fall under Fair Use as defined in Section 107 of the Copyright Act of 1976.

What is Modern Monetary Theory?
Modern Monetary Theory is the correct understanding of Macroeconomics.
It proves the following:
1) Taxes don't fund government spending and
2) Deficit spending is good most of the time.

Simple Economics Facts:
Government deficit = Private sector surplus
Government debt = private sector savings
The constraint on government spending is the availability of real assets/resources in an economy, not the federal budget!

To learn more about Modern Monetary Theory, check out our podcasts!
macroncheese.com

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