On the agenda:

•Quick background to MMT

•MMT and Inflation expectations

•How much more acceptance is Steven seeing for MMT on the back of large government spending this year?

•Which country is closest to considering MMT? Has any economy adopted a form of modern monetary theory and been OK?

•Janet Yellen looking like being Treasury Secretary, she has disavowed MMT but has voiced support for trying to get the economy to run hot

•Thoughts around government responsibility and MMT, given a lot of the arguments against MMT centre around whether governments can be trusted.

•Investment implications

See the presentation slides: https://nucleuswealth.com/wp-content/uploads/2020/11/is-2020-government-stimulus-essentially-mmt.pdf

Find more of Steven here: https://www.sustainable-prosperity.net.au/

Find out more about MMT: https://stephaniekelton.com/

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Nucleus Wealth is an Australian Investment & Superannuation fund that can help you reach your financial goals through transparent, low cost, ethically tailored portfolios. To find out more head to https://nucleuswealth.com.

The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen and Tim Fuller are an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796.

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