Podcast: Geoff and Jeff: Teaching MMT to a world that doesn’t want to learn it.

Link to podcast

Interview conducted by Jeff Epstein, Editor-in-Chief of Citizens’ Media TV

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Geoff Ginter of Real Progressives and Jeff Epstein of Citizens’ Media TV talk about wanting to teach Modern Monetary Theory to a world that doesn’t even know its a subject, let alone a critical one. About approaching those who don’t want to be approached, and those who confidently believe that we are completely and fundamentally wrong.

Regarding the latter, Jeff has been talking with an author who wrote a (currently unpublished) book that says that the most fundamental aspect of MMT is completely wrong. We believe that Congress is the monopoly currency issuer, he believes that the Federal Reserve is the monopoly currency issuer. If he’s correct, then everything we know is wrong. All the sinister myths we believe to be myths, are actually true.

How do you truly know what is true?

A correction: In the interview, we conclude that “fiat” is “by decision” regardless if the currency is backed by gold. After the interview, Geoff clarified that fiat is indeed the “opposite” of the gold standard.

Resources mentioned in the video:

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