#59 Warren Mosler: What Do Central Banks Do?
Patricia and Christian talk to MMT founder Warren Mosler about quantitative easing, interest rates, inflation and all things MMT in the current political context.
Show Notes
Warren’s MMT white paper.
Warren’s book, Seven Deadly Innocent Frauds Of Economic Policy (chapter 5, mentioned in the interview, starts on p59).
Warren’s Pompeii story is in Episode 28.
For a brief explanation of how government bond sales are used to maintain interest rates see the Transcript of Introductory Monologue to Episode 50.
Our first Interview with Warren, laying some of the basics of MMT:
