{"id":29060,"date":"2021-07-27T12:26:53","date_gmt":"2021-07-27T16:26:53","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=29060"},"modified":"2021-07-27T12:38:05","modified_gmt":"2021-07-27T16:38:05","slug":"warren-mosler-on-mmt-cbdc-bitcoin-bonds-interest-rates-inflation-taxes-and-unemployment","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2021\/07\/27\/warren-mosler-on-mmt-cbdc-bitcoin-bonds-interest-rates-inflation-taxes-and-unemployment\/","title":{"rendered":"Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment."},"content":{"rendered":"<p><em>YouTube <\/em>has the video <a href=\"https:\/\/www.youtube.com\/watch?v=-P7ZaeeKnP8\" rel=\"noopener\" target=\"_blank\">Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment<\/a>.<\/p>\n<blockquote><p>\nMMT founding father, Warren Mosler, explains Modern Monetary Theory (MMT). He says it\u2019s about sequence. Governments don\u2019t need to borrow or tax before they spend, if they issue their own currency. The economy needs the government money, not the other way around. Most politicians don\u2019t understand how the monetary system works, also for example the way how banks create money.\n<\/p><\/blockquote>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/-P7ZaeeKnP8\" title=\"YouTube video player\" style=\"border: thick ridge #009900;\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div>\n<pre><\/pre>\n<p>As this interviewer shows, it is quite possible to talk to Warren Mosler and still not agree with nor understand what he is saying.   The mind with preconceived notions is very hard to change.  As this interviewer implies, &#8220;Yes, Warren Mosler, Modern Monetary (Money) Theory changes everything, but all the ideas I have had before knowing MMT still hold.&#8221; It is just so funny to hear it.  I am sure I suffer from the same problem.<\/p>\n<p>A wewsite that warren mentions is <a href=\"https:\/\/moslereconomics.com\/\" rel=\"noopener\" target=\"_blank\">moslereconomics.com<\/a>.  Mosler also mentioned <a href=\"https:\/\/moneyontheleft.org\/\" rel=\"noopener\" target=\"_blank\">Money on the Left<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>YouTube has the video Warren Mosler on MMT, CBDC, bitcoin, bonds, interest rates, inflation, taxes and unemployment. MMT founding father, Warren Mosler, explains Modern Monetary Theory (MMT). He says it\u2019s about sequence. Governments don\u2019t need to borrow or tax before they spend, if they issue their own currency. The economy needs the government money, not [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-29060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=29060"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29060\/revisions"}],"predecessor-version":[{"id":29064,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/29060\/revisions\/29064"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=29060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=29060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=29060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}