#117 Brian Romanchuk & Dirk Ehnts: "The Meaning Of MMT" - A Response

Christian talks to financial consultant Brian Romanchuk and economist Dirk Ehnts about a recent working paper published by Banque De France entitled "The Meaning of MMT".   Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417   All our episodes in chronological order: https://www.patreon.com/posts/43111643   All of our episodes with Dirk Ehnts: https://www.patreon.com/posts/44467243 Modern Monetary Theory and the Recovery by Brian Romanchuk: http://www.bondeconomics.com/2021/03/modern-monetary-theory-and-recovery_11.html   "The Meaning Of MMT" (Yeah, Sure) by Brian Romanchuk: http://www.bondeconomics.com/2021/10/the-meaning-of-mmt-yeah-sure.html   Follow Brian Romanchuk on Twitter: https://twitter.com/RomanchukBrian   Follow Dirk Ehnts on Twitter: https://twitter.com/DEhnts   The website of the 2nd International European MMT conference (2021), includes videos of presentations and panels: https://www.mmtconference.eu/   For MMT views on inflation, see:   Episode 65 - Phil Armstrong: Understanding Inflation: https://pileusmmt.libsyn.com/65-phil-armstrong-understanding-inflation Episode 88 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 1): https://www.patreon.com/posts/47638591 Episode 89 - Warren Mosler & Phil Armstrong: Weimar Republic Hyperinflation Through An MMT Lens (part 2): https://www.patreon.com/posts/episode-89-phil-47904999 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/#6b405a2142f5   An MMT Response on What Causes Inflation: https://www.researchgate.net/profile/Scott-Fullwiler/publication/332318485_An_MMT_Response_on_What_Causes_Inflation/links/5cad762b92851ccd4ac06dea/An-MMT-Response-on-What-Causes-Inflation.pdf?origin=publication_detail   A Framework for the Analysis of the Price Level and Inflation by Warren Mosler: https://docs.google.com/document/d/1sySbx6EHOAYpAjE4FGnYApdZNyY6rh79KzajZxSU884/edit?fbclid=IwAR2L_RC11e8H40f-QhnPSrWxDmPM0bq8sFSDVKV87UXqA75vgvxx322eVN4 Weimar Republic Hyperinflation through a Modern Monetary Theory Lens by Phil Armstrong and Warren Mosler: http://moslereconomics.com/wp-content/uploads/2020/11/Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens.pdf     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: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos   Show notes: https://www.patreon.com/posts/57313764