Is printing money reckless—or revolutionary? In this episode, we break down Modern Monetary Theory (MMT) for everyday people. Learn how banks really create money, why the U.S. government doesn’t need to tax before it spends, and how elites use outdated myths to justify austerity. Featuring insights from economist Stephanie Kelton, we explore how public money could fund universal care, jobs, and justice—without raising taxes on working people.
Keywords: modern monetary theory, MMT explained, printing money, how banks create money, Stephanie Kelton, U.S. debt myth, progressive economics, austerity vs stimulus, tax myths