I did a talk last night on MMT for a wide range of Scottish people with shared environmental concerns. It struck me how little most knew if modern monetary theory, so I am sharing this video again in case any of them turn up here today.
This blog post adds more information.
I admit there is one other reason for reposting an older video today. That is that my video producer, Mark Cooney, got a cancer diagnosis yesterday. As they go there are many worse such diagnoses than the one he got, but understandably this may impact video production over the next weeks. Please bear with us.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
I hope Mark goes into his treatment with a positive attitude which will allow him to fight his cancer successfully.
Wishing him well as one who is nearly 25 years in remission.
We’ve talked about it
I think he will do well
And I have some experience as a carer of what this is all about
My best wishes to Mr Cooney, and for his treatment and recovery.
Best wishes to Mark. I’ve been enjoying the videos.
He wants to continue them, and we will. But realistically there are going to be days when he will just not be up to it.
Good luck to Mark. Enjoy the videos.
Good look Mark and may your excellent and moral work with Richard be one the factors to sustain you through it all.
Richard
Are you really struck by how so few know about MMT?
I read as widely as a I can and I struggle to see it mentioned other than here, Bill Mitchell’s blog and the usual (honourable) suspects.
Probably not
But I keep doing my bit – two seminars so far this week
Best wishes to Mark, Richard.
I follow a couple of pro Independence blogs, one of which is Modern Money Scotland. We in Scotland are in a great position to take advantage of yourself and Stephanie’s knowledge of MMT. Let’s hope the SNP leadership are persuaded to ditch the SGC and its neoliberal baggage.
Thanks
Please wish Mark all the best. I hope that his treatment is successful and that will soon be back helping to produce such useful and instructive videos.
Thanks
I will pass it on
One aspect of quantitative easing that you could clear up for me: if govt buys back bonds and deposits funds in the banks, it then loses control of those funds, passing it to the banks. How does that help govt’s fiscal policy?
That is an issue I hope to address soon