AppliedMMT Podcast

In the second part of our two-part conversation, Nick Gomez of ANG Traders joins Adam and Ryan to discuss:

• The causes of post-COVID inflation
• Unemployment benefits & "no one wants to work anymore"
• The US fiscal situation in 2023 vs. 2022
• Shortages in the housing market
• How Nick analyzes the stock market
• The effects of treasury issuance
• Accounting between the Fed & Treasury
• The relationship between treasuries and the stock market
• Warren Mosler being denied a meeting with the Fed

Links:

• ANG Traders on Twitter
• ANG Traders on Seeking Alpha

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode, Nick Gomez of ANG Traders joins Adam and Ryan to discuss:

• Nick's background in physics/math and how he became interested in MMT
• Reactions to Nick's work on Seeking Alpha
• Understanding the US dollar, national debt, and debt ceiling
• Treasuries as UBI for people who already have money
• The relationship between stocks & interest rates
• Nick's bullish outlook on the US economy
• Challenges in explaining MMT
• How rate hikes are impacting inflation
• Lack of discussion regarding fiscal flows in financial media

Links:

• ANG Traders on Twitter
• ANG Traders on Seeking Alpha

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode, Adam and Ryan discuss:

• The state of the economy & stock market
• Additional rate hikes in Argentina
• Ryan's attendance at the Warren Buffet/Berkshire Hathaway shareholder meeting
• Profit margins, inflation, and bank lending
• Michael Green (@profplum99) vs. Warren Mosler's economic outlooks
• "Money" by James Madison
  
  

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In the second episode of this two-part interview, Warren Mosler, one of the "founders" of MMT,  joins Adam and Ryan to discuss:

• Warren’s take on the inverted yield curve
• Cost of capital & entrepreneurship
• Effects of low interest rates
• Where does additional interest income go? Is it driving growth?
• Interest rates and equity valuations
• Fiscal contraction in early 2022
• Lack of conversation around fiscal policy as opposed to monetary policy
• How oil prices are determined 
• Oil prices as a tail risk
• HTM securities & bank regulation
• Framing the national debt as the "national credit"

Links

• Warren Mosler on Twitter
• Warren's website/blog
• Warren's publications
• Warren's MMT White Paper
• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In the first episode of this two-part interview, Warren Mosler, one of the "founders" of MMT, joins Adam and Ryan to discuss:

• Warren's perspective on rate hikes vs. other MMTers
• Warren's meeting with George W. Bush's Chief of Staff, Andrew Card
• Warren's conversations with Paul Krugman on deficits/inflation
• Warren's conversations with Argentina's central bank on interest rates/inflation
• Forward outlook for rate hikes in the US
• Recent banking crises in the US
• Whether or not anyone at the Fed recognizes Warren’s perspective on rate hikes
• Argentina's inflation situation
• Our institutional structure & standard of living
• Ryan’s concept of the “real resource dividend”
• Trump and Biden's tariffs
• COVID’s effect on emission reductions

Links

• Warren Mosler on Twitter
• Warren's website/blog
• Warren's publications
• Warren's MMT White Paper
• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode,  Adam and Ryan to discuss:

• Recent Richard Murphy/MMT Twitter controversy
• The Republican proposal to put the US back on a gold standard
• Public vs. private solutions to real estate issues
• Ryan’s concept of the “real resource dividend”
• Thoughts on the Job Guarantee

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode,  Adam and Ryan to discuss:

• Big banks moving deposits to FirstRepublic
• Hold-to-maturity securities
• Misunderstandings around banking
• Solvency issues vs. liquidity issues
• Bitcoin and banking

Links

• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode,  Adam and Ryan to discuss:

• The failure of Silicon Valley Bank
• Morgan Ricks' commentary on bank runs and game theory 

Links:

• Morgan Ricks on Twitter
• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode, Bijou Smith of MMT Macro Trader joins Adam and Ryan to discuss:

• Bijou's background in physics and how he became interested in MMT
• Why MMT is important
• The relationship between economics & physics
• How Bijou and Douglas started collaborating on MMT Macro Trader
• Using machine learning & neural networks to model the macroeconomy and stock market indices
• How the job guarantee fits into capitalism
• Adam Smith, economics, and moral philosophy

Links:

• MMT Macro Trader on Patreon
• MMT Macro Trader on Twitter
• Bijou on Twitter
• Bijou's website
• Applied MMT #3 with Douglas of MMT Macro Trader
• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

In this episode,  Adam and Ryan discuss:

• Whether or not all MMTers believe interest rate hikes are expansionary
• The newest PCE inflation data
• Retail inflows to the stock market
• Interest rates and asset bubbles
• The post-2008 venture capital boom
• Gambling apps & cryptocurrency

Links:

• Introductory MMT resources
• Pocket Change podcast
• NYC Deficit Owls Meetup

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) on Twitter

Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions