Ep. 54 - Why Government Deficits Don't Matter - Meet The Monetary Theory Changing The World
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In this enlightening episode of the Intelligent Performance Podcast, we delve into the provocative world of Modern Monetary Theory (MMT) - a perspective that challenges conventional views on government deficits with Gabrielle Bond, CEO Modern Money Lab.
We'll uncover why the stigma around government deficits could be misplaced and why these deficits are seen not as burdens, but as assets from which the public can profit.
The episode discusses thenew documentary: https://findingmoneyfilm.com/ which is out to shake up how we think about government debt, and that the real enemy of the people is inflation.
Finding the Money Film is currently touring Australia, with tickets still available here: https://modernmoneylab.org.au/events/film-tour/
Join us as we embark on a journey to rethink the origins of money and its role in our economy. We'll dismantle the pervasive myths that suggest there isn't enough money to tackle some of the most pressing challenges of our time, including climate change. This episode promises to shed light on the potential of MMT to revolutionize our approach to fiscal policy and public spending.
Prepare to have your perceptions challenged and to gain new insights into how reimagining money and deficits can open up unprecedented opportunities for addressing societal needs. Whether you're a professional looking to broaden your economic understanding or someone interested in the future of public policy, this episode is sure to offer valuable perspectives on why government deficits don't matter in the way we've been led to believe.
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