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2175 FBF: George Gilder & Modern Money Theory, A Primer on Macroeconomics for Sovereign Monetary Systems & Understanding Modern Money MMT by Professor Dr. Randy Wray, Levy Economics

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Synopsis

This Flashback Friday is from episode 1139 published last Feb 27, 2019.  Jason Hartman and Adam start off today's show discussing one of the keynote speakers for this year's Meet the Masters event, George Gilder. Gilder has quite the history and the two break down what he did back in the 90s, what he's doing now, and why he's still relevant. Then Jason talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years. Key Takeaways: 4:58 George Gilder is a thought leader today just like he was 20 years ago 7:55 When Gilder spoke back in the 90s the markets moved Dr Randy Wray Interview: 13:03 Who is Minsky and why is he someone we should concern ourselves with? 16:20 What is Modern Monetary Theory and why is it applicable? 22:08 The government