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The Green New Deal: Non-Fiscal "Pay-Fors" and Balance of Payments with Nathan Tankus

Nov 30, 2019

“How do you pay for The Green New Deal?” is a serious question in today’s political environs -- though as Nathan Tankus clarifies, not for the reasons you might think. In Part 3 of his interview with Steve Grumbine, he recognizes that MMT and the US Bond market don’t finance spending in financial terms but shows...

The Green New Deal: Public Banking and Non-Fiscal "Pay-Fors" with Nathan Tankus

Nov 23, 2019

Public banking is a hot topic in progressive circles. We at Macro n Cheese support it as long as it serves the public purpose, but not all visions of public banking are equal. Luckily, we have Nathan Tankus to help us navigate the shoals. In this second episode of a three-part series, Nathan begins by addressing...

Repo Mania: Has The Fed Bailed Out Wall Street Again? with Nathan Tankus

Nov 16, 2019

If you follow the financial press you’ve probably noticed some recent hysteria about the “repo market.” Since this involves the dealings of the Federal Reserve, it falls under our purview here at Macro ‘n Cheese. Because unraveling the strands of this dense subject requires someone more knowledgeable than we...

The Compelling Case for Rent Control with Nathan Tankus

Jun 8, 2019

Rent control, redux. Back in 2017, Steve interviewed Nathan Tankus, of the Modern Money Network, shortly after the 1st MMT conference where Nathan spoke of the heterodox approach to planning housing affordability. With renters now the majority in major US cities, and homelessness on the rise throughout, we are...