Date: 2024-07-17 Page is: DBtxt003.php txt00025708
ECONOMICS
MODERN MONETARY THEORY
Real Vision: Warren Mosler on How Modern
Monetary Theory (MMT) Actually Works
MODERN MONETARY THEORY
Real Vision: Warren Mosler on How Modern
Monetary Theory (MMT) Actually Works
Original article: https://www.youtube.com/watch?v=W97s3zbFKvc
Peter Burgess COMMENTARY
Warren Mosler seems to have embraced the key concepts of Modern Monetary Theory very early in his professional life. This is an interesting interview for me because it explains in part the way in which 'value' behaves in financial markets.
This discussion does not seem to address the bigger issue of how 'money' impacts on society and quality of life. Combining what Warren Mosler is describing with MMT as it is presented by Dr. Stepaphie Kelton will get somewhere cloes to the foundation that I am looking for!
Peter Burgess
Real Vision
685K subscribers ... 131,718 views ... 2.5K likes
Sep 13, 2019
Modern Monetary Theory has become a hot topic of discussion. But is it well understood? In this interview with Real Vision’s Ed Harrison, Warren Mosler, the founder of MMT, describes exactly what Modern Monetary Theory is, and how the framework can be utilized. Particularly interesting is Mosler’s ambivalence about the political furor enveloping MMT. He sees the economic framework as more descriptive of monetary operations than prescriptive of policy. Mosler also outlines why MMT’s operational bent made it attractive to finance professionals long before it became a politically-charged debate among academic economists and politicians. Filmed on May 29, 2019 in New York.
- Subscribe now for more videos like this one: https://rvtv.io/2OW3mqu
- Watch more Real Vision™ videos: http://po.st/RealVisionVideos
- Watch more by starting your 14-day free trial here: https://rvtv.io/2xdIDmo
Real Vision™ is the destination for the world’s most successful investors to share their thoughts about what’s happening in today's markets. Think: TED Talks for Finance. On Real Vision™ you get exclusive access to watch the most successful investors, hedge fund managers and traders who share their frank and in-depth investment insights with no agenda, hype or bias. Make smart investment decisions and grow your portfolio with original content brought to you by the biggest names in finance, who get to say what they really think on Real Vision™.
- Connect with Real Vision™ Online:
- Twitter: https://rvtv.io/2p5PrhJ
- Instagram: https://rvtv.io/2J7Ddlw
- Facebook: https://rvtv.io/2NNOlmu
- Linkedin: https://rvtv.io/2xbskqx
- How Modern Monetary Theory (MMT) Actually Works (w/ Warren Mosler)
- / realvisiontelevision
- For the transcript visit: https://rvtv.io/2xdIDmo
This is pretty obvious, but we should probably say it anyway so that there is absolutely no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors , agents, suppliers and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances is not necessarily reflective of future performances. Well that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision.
Transcript