Ep. 523 Adam Haman Asks Bob Murphy All About the US Debt
As the federal debt held by the public surpasses GDP, Adam Haman asks Bob Murphy what it means and the options going forward. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode. Bob’s proposal for reforming federal finances. His proposal for letting people opt out of Social Security. His…
Ep. 136 MMT Follow-up: A Framework for Money, Inflation, and Debt
As a follow-up to his discussion on MMT with Rohan Grey (in ep. 130), Bob goes solo to explain the basic cash balance framework for thinking about money, inflation, and debt. Specifically, Bob will explain why he thinks it’s far more important to know how the government finances a deficit rather than knowing what it spends…