RL105 – Modern Monetary Theory with Luigi Zingales and Bethany McLean

Today on the Retirement Lifestyle Show, Roshan Loungani, Erik Olson, and Adrian Nicholson debunk The Modern Monetary Theory (MMT) with Bethany McLean and Luigi Zingales, the hosts of the Capitalisn't Podcast. Bethany is Vanity Fair's contributing editor, while Luigi is a world-renowned economics professor. [03:50] Modern Monetary Theory Debunked [09:10] Printing Money and Inflation [11:06] Modern Monetary Theory in Japan [12:50] Luigi's Thoughts on Cryptocurrencies [14:20] How MMT is Being Implemented Today [17:30] MMT as the Ultimate Expression of Privilege [23:06] The Numbers That Highlight the Fiscal Dominance of the US [27:20] Bonds, Stocks, and the Low Interest-Rate Environment [34:03] Understanding the Velocity of Money [38:04] Is Inflation Here to Stay? [41:00] MMT and Inflation [50:20] The Moral Argument For and Against MMT [53:10] Is There a Practical Solution for Inflation? [56:10] How to Invest in a High-Interest Rate Environment [58:40] Parting Thoughts Roshan can be reached at [email protected] or at 202-536-4468.  Erik can be reached at [email protected] or 815-940-4652. Adrian can be reached at [email protected] or at 703-915-8905. Follow Us At: Website: https://retirementlifestyleshow.com/ https://www.retirewithroshan.com https://youtu.be/hKVzI87v0tA https://twitter.com/RoshanLoungani https://www.linkedin.com/in/roshanloungani/ https://www.facebook.com/retirewithroshan/ https://www.linkedin.com/in/financialerik/ https://www.linkedin.com/in/adrian-nicholson-74b82b13b/ #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan #BAM #BusinessAsMission #ImpactInvesting All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.