In this episode of Applied MMT, Adam and Ryan discuss:

• Edward Harrison's recent tweet on the expansionary effects of interest income
• The differences & similarities between today's rate hikes and the Volcker-era
• Credit growth despite rate hikes
• Joey Politano's recent thread on rate hikes
• Bank lending post-2008 vs. today
• In celebration of Superbowl Sunday, the institutional structure of the NFL and how it contributes to the league's success

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