In the second episode of this two-part interview, Warren Mosler, one of the "founders" of MMT,  joins Adam and Ryan to discuss:

  • Warren’s take on the inverted yield curve
  • Cost of capital & entrepreneurship
  • Effects of low interest rates
  • Where does additional interest income go? Is it driving growth?
  • Interest rates and equity valuations
  • Fiscal contraction in early 2022
  • Lack of conversation around fiscal policy as opposed to monetary policy
  • How oil prices are determined
  • Oil prices as a tail risk
  • HTM securities & bank regulation
  • Framing the national debt as the "national credit"

Links- Warren Mosler on Twitter
- Warren's website/blog
- Warren's publications
- Warren's MMT White Paper

  • Introductory MMT resources
  • Pocket Change podcast
  • NYC Deficit Owls Meetup