Let There Be Money: Why We Need Modern Monetary Theory (MMT) and Why It Needs Universal Basic Income (UBI)

This episode is a reading of my long essay (and now also a book titled Let There Be Money) which is an in-depth exploration of Modern Monetary Theory and why MMT advocates should embrace UBI. Listening will provide a wide macroeconomic view at what money is, what actually causes inflation, what taxes actually do, and why we need to think about all of this differently in order to achieve what we can actually physically achieve.

The limits of what we can actually do are determined by our actual physical capacity to do it, not by some construct we call money.

Link to article: https://vocal.media/theSwamp/why-we-need-modern-monetary-theory-mmt-and-why-it-needs-universal-basic-income-ubi

For more info about UBI, please refer to my UBI FAQ: http://scottsantens.com/basic-income-faq

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