Stephanie Kelton On MMT and the Inflation We're Seeing Today

2022-05-19 · 49 min · 14 entities

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→ appeared on Odd Lots podcast

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Stephanie Kelton On MMT and the Inflation We're Seeing Today
→ discusses Business concept

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Feed category: Business
→ discusses News concept

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→ discusses Investing concept

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→ hosted by Bloomberg company

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Feed author/publisher: Bloomberg
→ discusses Business News concept

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Feed category: Business News

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mentioned Business concept

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evidence rules-v4
Feed category: Business
mentioned Investing concept

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evidence rules-v4
Feed category: Investing
mentioned News Commentary concept

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evidence rules-v4
Feed category: News Commentary
mentioned Business News concept

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evidence rules-v4
Feed category: Business News
discusses Business concept

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evidence rules-v4
Feed category: Business
discusses News concept

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evidence rules-v4
Feed category: News
discusses Investing concept

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evidence rules-v4
Feed category: Investing
discusses News Commentary concept

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evidence rules-v4
Feed category: News Commentary
discusses Business News concept

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evidence rules-v4
Feed category: Business News
mentioned MMT concept

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MMT

companys 2

mentioned Bloomberg company

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Feed author/publisher: Bloomberg
hosted by Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg

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mentioned Stephanie Kelton person

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evidence rules-v4
Stephanie Kelton On MMT and the Inflation We're Seeing Today

podcasts 1

appeared on Odd Lots podcast

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evidence rules-v4
Stephanie Kelton On MMT and the Inflation We're Seeing Today

Episode description as stored

For years, economists of the MMT school have been arguing that the way we think about deficits and government spending is all wrong. Whereas many people warn about the unsustainability of the national debt -- likening it to a household credit card bill -- the MMT view is that real resources are the constraint on government spending, and that inflation is the sign that real resources are being stretched. So what about now? We had substantial fiscal support during the pandemic, and now we have the highest inflation in over four decades. On this episode we speak with Stephanie Kelton, a leading proponent of MMT, a professor at Stony Brook, and the cohost of the Best New Ideas In Money podcast. We discuss the causes of the current inflation, and how to think about it through the MMT lens. This episode was recorded in Beverly Hills at the Milken Institute Global Conference. See omnystudio.com/listener for privacy information.