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Oct 19, 2019

Regulatory agencies taking on Savings & Loan fraud may not be everyone’s idea of a swashbuckling tale, but for us nerdy types at Macro N Cheese it’s pure gold. It has villains like Charles Keating and the Keating 5. (No, that’s not an English rock group from the 70's.) It has unsung heroes whose names aren’t...


Oct 12, 2019

Mitch Green joins host Steve Grumbine to talk about his work with Democratic Socialists of America in Portland, OR, and the role Modern Monetary Theory can play in DSA.


As an eco-socialist, Mitch’s focus is on the climate crisis, and as an economist, he uses MMT to answer the ubiquitous question concerning solutions:...


Oct 5, 2019

In 1946, Beardsley Ruml, chairman of the NY Federal Reserve, published an article entitled “Taxes for Revenue are Obsolete.” According to Randall Wray this was consistent with the thinking of the time. In the 1930s and 40s, politicians and economists understood that taxes did not finance the federal budget. In...


Sep 28, 2019

When we talk about debt, it’s not just what someone owes, it’s also that someone has something owed to them. That’s the absurdity of the World Debt Clock. If the entire planet is in debt, who will we pay? Jupiter?
 
In the second half of our interview with Rohan Grey, he begins with the fact that all money is...


Sep 21, 2019

Surely Rohan Grey is one of the smartest guys in the world. It’s not just that he possesses an impressive amount of knowledge. He has a unique way of using analogies and metaphors to give shape to an idea. He illustrates his points with references to popular films, folklore and lyrical poets. With his experience in...