YouTube has the video of a Webinar How Can Spending Slay Inflation?

We’ll look in detail at the debate currently raging between traditional neo-classical economists and the perspectives of Modern Monetary Theory:
How can increased investment help to reduce inflation?
Where should government policy focus and why?
How quickly will the benefits flow through to ordinary people?

They dismissed rather than explain the relation of military spending to inflation. I think this is a serious missed opportunity. Fadhel Kaboub sticks to his explanation of the inflation of the 1970s. The OPEC oil embargo certainly made the inflation much worse. By concentrating on the oil price driven inflation, he misses what started the inflation, which was the guns and butter policy of LBJ during the Vietnam War. The OPEC oil price shocks were a reaction of OPEC to the inflation that was already going on, before they made it much worse. I think this distinction is important because the Vietnam War spending was something we could have controlled. Once OPEC raised the price of oil, we could only react, but not control. The Vietnam War explanation would be a good contrast to the explanation of the control of inflation during WW II