Do Budget Deficits Matter? Modern Monetary Theory Explained

Do Budget Deficits Matter? Modern Monetary Theory Explained

#241 Why modern monetary theory isn't worried about federal budget deficits, why budget deficits never go away and what are the risks if budget deficits get too large. We also explore what else proponents of modern monetary theory believe.

For show notes and more information on this episode click here.

  • [0:22] What is Modern Monetary Theory?
  • [3:20] Taxes create demand for fiat money.
  • [5:32] Taxes and government bonds don’t finance the federal government.
  • [8:56] Budget deficits increase the net financial assets of the
  • private sector.
  • [13:16] Taxes destroy money.
  • [13:46] The private sector determines the size of the budget deficit.
  • [14:58] The concerns of crowding and losing faith.
  • [19:08] Even government spending has to be constrained.
  • [20:02] The dangers of the Federal Reserve controlling interest rates.
  • [21:45] Modern Monetary Theory is correct in terms of how the economy actually works.
  • [23:25] Do federal budget deficits matter?


See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Avsnitt(572)

Should Private Assets, Gold, and Crypto Be Investment Options in 401k and other Defined Contribution Plans?

Should Private Assets, Gold, and Crypto Be Investment Options in 401k and other Defined Contribution Plans?

A new executive order could radically reshape retirement investing by allowing private equity, crypto, and gold in 401(k) plans. This episode examines the factors driving the demand for alternative as...

23 Juli 202520min

Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

We explore the compelling questions surrounding artificial intelligence. Will AI create more new jobs than it destroys? Is AI already destroying jobs? Are we seeing overinvestment in companies and inf...

16 Juli 202523min

Mining and the Global Race for Critical Minerals with Kinterra Capital

Mining and the Global Race for Critical Minerals with Kinterra Capital

How the investing landscape is being reshaped by the global race for critical minerals.Topics covered in this conversation between FEG's Greg Dowling and private equity firm Kinterra Capital's co-foun...

9 Juli 202545min

Are Robo Advisors Worth It Even With Tax Loss Harvesting and Direct Indexing?

Are Robo Advisors Worth It Even With Tax Loss Harvesting and Direct Indexing?

We examine how robo-advisors have evolved over the past decade to determine if their services justify the fees they charge.Topics covered include:How large are the top 5 robo-advisorsRobo-advisor fees...

25 Juni 202523min

Climbing the Wealth Ladder with Nick Maggiulli

Climbing the Wealth Ladder with Nick Maggiulli

How our spending, investing, and life strategy change as our net worth grows. We consider how skill, luck, discipline, relationships, and AI can allow us to ascend and, in some cases, descend the weal...

18 Juni 202537min

Stablecoins and CBDCs: Their Rise, Risks and Possibilities

Stablecoins and CBDCs: Their Rise, Risks and Possibilities

Circle Invest, one of the leading stablecoin providers, just went public, and its stock price has tripled. We delve into the growth of stablecoins, their applications, and the associated risks. We als...

11 Juni 202527min

The Future of Power: Energy at a Crossroads with Scott Harland

The Future of Power: Energy at a Crossroads with Scott Harland

From wildfires to AI-driven demand surges, the power grid is under pressure—and so is the investment landscape around it. Scott Harland of Rockland Capital visits with Greg Dowling of FEG to explore t...

4 Juni 202540min

No More AAA - What the U.S. Debt Downgrade Means for Investors

No More AAA - What the U.S. Debt Downgrade Means for Investors

With longer-term U.S. interest rates rising and no plan to reduce the budget deficit, is a U.S. national debt crisis imminent?Topics covered include:Why S&P, Fitch, and now Moody's stripped the U.S. o...

21 Maj 202524min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
badfluence
varvet
svd-tech-brief
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
lastbilspodden
rss-inga-dumma-fragor-om-pengar
rss-dagen-med-di
tabberaset
borsmorgon
rss-kort-lang-analyspodden-fran-di
rikatillsammans-om-privatekonomi-rikedom-i-livet
24fragor
montrosepodden