The Deadly Innocent MMT Debate - Blood $atellite

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Dimes and Judas conduct an in-depth review Modern Monetary Theory, primarily citing “The 7 Deadly Innocent Frauds of Economic Policy” by Warren Mosler. Here Judas and Dimes investigate and even debate the existence of money, the role of taxes as a form of control, and the true nature of deficit spending in the interest of growth. Can fiat currency be used to fuel infinite growth with the right application?
Taken from Episode #229 – I am Become You, the Literally of Me.
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Timestamps:
06:51 – The Liberation of the Dollar from Gold
08:19 – Modern Monetary Theory Explained
09:59 – The Federal Government Does Not Rely on Taxes for Spending
14:29 – The Pensions Never Run Out
23:30 – Taxes as a Form of Spending Control
28:04 – Is Money Real?
42:13 – The Impossibility of Paying Off National Debt
48:33 – Warren Mosler’s Economic Policy Suggestions
52:42 – Mosler Automotive Design
55:07 – The Judas Take on MMT