#101 Warren Mosler: Q&A on CPI, Crypto, Capital Flight, Currency Prices & More

Patricia and Christian talk to MMT founder Warren Mosler about recent US inflation figures, Tesla and Bitcoin, currency prices, corporation tax, capital flight, and much more.

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Show Notes

For an intro to MMT Listen to these episodes.

We discuss the following papers:

• Money Growth Does Not Cause Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2011/05/14/money-growth-does-not-cause-inflation/?sh=7ab2305042f5
• Four Reasons To Stop Panicking Over Inflation! by John T Harvey: https://www.forbes.com/sites/johntharvey/2021/05/12/four-reasons-to-stop-panicking-over-inflation/?fbclid=IwAR21C14nxFlfwjQ0FJBlXpDdwXH0mucGt9oMo9EbGD_2HDwUnkwDOdKjljI&sh=1c3528333a97

Our interview with Warren and Phil Armstrong about their paper, Weimar Republic Hyperinflation Through An MMT Lens:

• Part 1
• Part 2

Warren’s MMT white paper: https://docs.google.com/document/d/1gvDcMU_ko1h5TeVjQL8UMJW9gmKY1x0zcqKIRTZQDAQ/edit

Quick overview of the non-accelerating inflation buffer employment ratio (NAIBER) framework: https://en.wikipedia.org/wiki/NAIBER

Seven Deadly Innocent Frauds Of Economic Policy by Warren Mosler: http://www.moslereconomics.com/wp-content/powerpoints/7DIF.pdf

The website of the 2nd International European MMT conference (September 13th-15th 2021): https://www.mmtconference.eu

A list of upcoming MMT events and courses: https://www.patreon.com/posts/47531455

A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757

We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel.

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Transcript of Opening Monologue

At the beginning there, you heard MMT founder Warren Mosler and in a moment we’re going to be talking to him about the recent US inflation figures, Tesla and Bitcoin, currency prices, corporation tax, capital flight, and much more.

If this is your first time hearing about MMT, you might want listen to our first three episodes for an introduction, but if you want to dive in here, you’re in good hands. In the show notes I’ve linked to all of our other episodes with Warren, and to some other things that came up in the conversation, which was essentially this month’s patron-only Q&A session.

I’ve linked to where you can support us financially via Patreon dot com slash MMT podcast. Support starts at a dollar a month, which is 71 British pence at the time of recording, and no matter what level of support you give, you get early access to all our episodes, and patron-only episodes where you can ask me and Patricia and sometimes a very special guest MMT questions.

We are 100% listener funded, your financial support really helps keep the show going, and your support in other ways, whether it’s by recommending us to other people, or just by listening and spreading the word about this stuff really helps, too.

Anyway, thanks for the time you put into understanding MMT – let’s dive in!