Was MMT Right About Inflation? | Stephanie Kelton (The Deficit Myth)

Video Description

For access to econ community, consider https://www.patreon.com/moneymacro or consider buying me a 'coffee' at https://ko-fi.com/moneymacro LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. Otherwise I sometimes hang out in two Discord servers: △ Unlearning Economics's server: https://discord.com/invite/jy8CNzDsgf △ Capitalists server: https://discord.gg/8MeNJ7gfSR MAIN CHANNEL: www.youtube.com/moneymacro Timestamps: 0:00 - introduction 1:24 - is MMT still relevant? 4:05 - Biden stimulus package 6:42 - the Covid inflation spike 19:18 - Biden's unpopular economy 27:07 - government is no household 29:10 - Northern Europe's Deficit Obsession 31:52 - MMT on Inflation post Covid 36:17 - inflation targeting government 38:57 - role of the central bank 42:10 - monetary policy induced disinflation? 46:16 - higher rates more inflation? 57:53 - government cb cooperation 1:00:14 - The UK experience 1:04:00 - MMT outside the USA 1:07:20 - wrapping up Guest: Host: Dr. Joeri Schasfoort @Money & Macro ​ Professor Stephanie Kelton