Last Sunday, Voices for New Democracy hosted our latest monthly political forum discussing Modern Monetary Theory (MMT) and the insights it holds for today’s Left. The full forum is available to watch in two parts below.
We also invite you to join a follow-up discussion to carry the dialogue forward. Please join us on Sunday, October 10th at 7pm ET / 4pm PT. Use this link to join the conversation.
The follow-up discussion of MMT will be open for any points or comments that you have. For stimulation, below is a list of questions that the planners gathered after last Sunday’s session. Don’t see your question on this list? Add it here.
- Why does this discussion of finance and MMT matter to me?
- How is positive, public investment in US funded or how could it be better funded?
- What is the federal deficit and the accumulation of deficits (national debt), and what are their relevance?
- What is the point of increasing taxes on the rich (and/or corporations)?
- How is the general level of prices in the US set? What is inflation?
- How are interest rates set and is there a seed/reap cycle?
- What is the effect of US currency going abroad?
- Why are taxes and government income the basis of bonds and Treasuries issued by the government?
- Why are some government’s interest rates negative?
- How does massive currency creation for imported goods create structural unemployment at home?
The discussion is set for 90 minutes. If you want to prepare and investigate further on your own, please see the resource list here.