8 episodes
Applied MMT Adam Rice & Ryan Benincasa
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- Business
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5.0 • 5 Ratings
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Discussing the economy, public policy, and current events through an MMT (Modern Monetary Theory) lens.
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#8 - Silicon Valley Bank Failure
In this episode, Adam and Ryan to discuss:
- The failure of Silicon Valley Bank
- Morgan Ricks' commentary on bank runs and game theory
Links:
- Morgan Ricks on Twitter
- Introductory MMT resources
- Pocket Change podcast
- NYC Deficit Owls Meetup -
#7 - Bijou Smith of MMT Macro Trader
In this episode, Bijou Smith of MMT Macro Trader joins Adam and Ryan to discuss:
- Bijou's background in physics and how he became interested in MMT
- Why MMT is important
- The relationship between economics & physics
- How Bijou and Douglas started collaborating on MMT Macro Trader
- Using machine learning & neural networks to model the macroeconomy and stock market indices
- How the job guarantee fits into capitalism
- Adam Smith, economics, and moral philosophy
Links:
- MMT Macro Trader on Patreon
- MMT Macro Trader on Twitter
- Bijou on Twitter
- Bijou's website
- Applied MMT #3 with Douglas of MMT Macro Trader
- Introductory MMT resources
- Pocket Change podcast
- NYC Deficit Owls Meetup -
#6 - Inflation Persists, Retail Inflows to Stocks, Asset Bubbles, Tech Valuations, and Gambling/Cryptocurrency
In this episode, Adam and Ryan discuss:
- Whether or not all MMTers believe interest rate hikes are expansionary
- The newest PCE inflation data
- Retail inflows to the stock market
- Interest rates and asset bubbles
- The post-2008 venture capital boom
- Gambling apps & cryptocurrency
Links:
- Introductory MMT resources
- Pocket Change podcast
- NYC Deficit Owls Meetup -
#5 - Ohio Disaster, UFOs, Retail Sales Boom, Energy Prices, and Trade Deficits
NOTE: The original audio file for this episode had syncing issues. The corrected audio is available as of 2/22/23 at 9:35 AM ET.
In this episode, Adam and Ryan discuss:
- The disaster in East Palestine, OH
- The UFO/UAP incidents
- The January retail sales boom
- Energy prices and their inflationary effects
- The costs & benefits of trade deficits
Links:
- Introductory MMT resources
- Pocket Change podcast
- NYC Deficit Owls Meetup -
#4 - Rate Hikes, Bank Lending, and Thoughts on the NFL
In this episode of Applied MMT, Adam and Ryan discuss:
- Edward Harrison's recent tweet on the expansionary effects of interest income
- The differences & similarities between today's rate hikes and the Volcker-era
- Credit growth despite rate hikes
- Joey Politano's recent thread on rate hikes
- Bank lending post-2008 vs. today
- In celebration of Superbowl Sunday, the institutional structure of the NFL and how it contributes to the league's success -
#3 - January Jobs Boom, Rate Hikes, and What Comes Next with Douglas of @MMTmacrotrader
In this episode, Douglas of MMT Macro Trader joins Adam and Ryan to discuss:
- The January jobs explosion
- The debt ceiling
- Endogenous vs. exogenous money
- Banks as finance "franchises"
- The Eurodollar & shadow banking
- Appreciating vs. depreciating currencies
- The effects of rate hikes and what to expect in the next few months
- Whether or not the Fed will pivot on rate hikes
Links:
- Introductory MMT resources
- Pocket Change podcast
- NYC Deficit Owls Meetup
- MMT Macro Trader on Patreon
- MMT Macro Trader on Twitter