Tom O’Brien conducted an excellent interview with Mathew Forstater in November 2012 on the topic of Marx and Modern Monetary Theory (MMT). The first half of the interview focuses on Marx, particularly in relation to primitive accumulation and fiat currency as one mechanism used to drive the process.…
The second half of the interview covers basic MMT while drawing out how operational relics left over from the gold standard era are contributing to the public misconception of government as a household.…
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