Modern Monetary Theory: What They Don’t Tell You (Ft. L. Randall Wray) скачать в хорошем качестве

Modern Monetary Theory: What They Don’t Tell You (Ft. L. Randall Wray)

Get access to The Backroom Exclusive episodes on Patreon: ⁠⁠⁠  / onedime.⁠   In this episode of 1Dime Radio, I am joined by Professor L. Randal Wray, a heterodox economist and a Pioneer of Modern Monetary Theory. In this episode, we demystify the history of money, what money is, and how modern money works in the economy today (how it is created and how the mechanics of government spending work, and the REAL function of Taxes. Most importantly, we discuss why MMT economists tend to prefer the "L. Randall Wray" over a Universal Basic Income (UBI). In The Backroom, Randy and I discuss tariffs, degrowth, reindustrialization, and get into the "tough questions" when it comes to the transition to a socialist society. Become a Patron at ⁠Patreon.com/OneDime⁠ if you haven’t already! Timestamps: 00:00 Trump Tariffs (The Backroom Preview) 02:47 Discovering Modern Monetary Theory (MMT) 07:14 The Basics of MMT Explained: The Real Function of Taxation and Spending 14:26 Central vs Private Banks 30:03 The Evolution of Money and Banking 44:49 Gold, Cryptocurrency vs Fiat Money 01:01:17 The History of Central Banking 01:14:22 The Truth about Inflation and what caused the 1970s Stagflation 01:39:33 The Job Guarantee vs. Universal Basic Income 02:01:55 Transition to The Backroom segment Check out L.Randal Wray's "MMT for beginners" book: https://www.amazon.ca/Money-Beginners... Follow me on X: https://x.com/1DimeOfficial Follow me on Instagram: ⁠instagram.com/1dimeman⁠ Check out my main channel videos on MMT:    • Understanding Modern Monetary Theory (MMT)   Outro Music by Karl Casey Leave a like and a comment if you enjoy the show!