Modern Monetary Theory
heterodox macroeconomic theory
Common Themes
Videos Mentioning Modern Monetary Theory

E84: Markets update, crypto collapse, Russia/Ukraine endgame, state of the podcast
All-In Podcast
Described as a pseudoscientific economic theory that suggested governments could keep printing money to smooth things out and drive long-term growth, which government officials fell for.

Jane McGonigal — How She Predicted COVID in 2010, Becoming the Expert of Your Own Future, and More
Tim Ferriss
An economic theory that Jane McGonigal has learned about, suggesting that countries with sovereign monetary systems can afford to do more socially, potentially supporting universal basic income.

E121: Macro update, Fed hike, CRE debt bubble, Balaji's Bitcoin bet, TikTok's endgame & more
All-In Podcast
A concept that states governments can print money as they own their fiat currency, but is dismissed as 'idiotic' in hindsight.

E105: Tech culture wars: Elon vs. SBF, Sabotaging Republicans with Trump
All-In Podcast
Modern Monetary Theory (MMT) is discussed as a theory that gained traction due to the perceived lack of consequences for high debt-to-GDP ratios, suggesting that countries with reserve currencies can print unlimited money, leading to excessive spending.

E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
All-In Podcast
An economic theory that provided a school of thought eager to justify high government spending, arguing that debt to GDP ratio shouldn't be the focus, but rather debt service to GDP.

Pete Buttigieg: The Left's Identity Crisis, Wealth Tax, 2024 Mistakes, Plans for 2028
All-In Podcast
Discussed in relation to debt and its perceived credibility in certain economic contexts.

Trump's Own Counterterrorism Chief Just Quit — Called the Iran War Israel's War
Tom Bilyeu
An economic concept criticized as enabling excessive government spending and debt, with the speaker suggesting it should be severely limited or abolished.

Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303
Lex Fridman
A theory that views money as a creature of double-entry bookkeeping and claims on others, asserting that government deficits create money for the private sector and are a feature, not a bug, of a functional economy.

DOJ SHUTS DOWN Epstein Files, Free Speech Battles, & World Order Debated at Munich Conference
Tom Bilyeu
An economic theory described as 'wild' and concerning, especially when influencing policy from a 'senile president'.

The Iran War Is Spiraling — And America Has No Exit Plan
Tom Bilyeu
Criticized as a banking theory that has led to deficit spending, money printing, and inflation, effectively creating a permanent class system in America.