Ep 45: Printing Money - Debating The Modern Monetary Theory
With the $1.9 trillion stimulus package and our national debt rising with no end in sight, many people are asking what this means for our long term fiscal health. Some people are worried about future budget crises, program cuts, and inflation. But others point out that our bigger problems are deflation and unemployment, and that a little inflation would actually be good. There’s a relatively new school of economic thinking called Modern Monetary Theory that looks at our government spending in a very different way than most people are used to. Who is right about these fiscal challenges? We'll debate all these topics and more with special guests Jamal Mahmood and Mike Minter of Main Street Financial Solutions.
