Uncover the surprising consequences of the Federal Reserve's interest rate decisions with Warren Mosler, a leading economist and the insightful voice behind Modern Monetary Theory. As we navigate the bewildering relationship between monetary policy and economic growth, Mosler debunks the expected slowdown narrative, revealing instead how higher interest rates and increased government spending have inadvertently bolstered the economy. This episode peels back the layers of fiscal strategy that have left experts scratching their heads, presenting a comprehensive analysis that's bound to challenge your understanding of the way our economy operates.

Venture beyond the headlines as we dissect the interplay of high interest rates across different sectors of society, scrutinizing the contentious debates surrounding government deficits and the true impact of social service funding cuts. The often-polarized discussion of Modern Monetary Theory versus traditional economic models takes center stage, offering fresh perspectives on the elusive natural interest rate. We probe deep into the heart of economic theories, questioning the status quo with Mosler's critical insights that chart a course through the complex maze of fiscal policy and its broad implications.

The conversation culminates in a forward-looking examination of the optimal taxation framework, the role of political strategies in shaping economic policy, and the pressing challenges looming over the US economic landscape. From federal property taxes to job guarantee debates, Mosler and I spar over the future of governance and the myths that have long clouded public discourse. With an eye on the US's economic trajectory, interest rates, and global influences, this episode is a treasure trove for anyone ready to confront the future of monetary policy with a critical and informed mindset.

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Musis by Bitterlake, Used with Permission, all rights to Bitterlake

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Crew:
Host: C. Derick Varn
Intro and Outro Music by Bitter Lake.
Intro Video Design: Jason Myles
Art Design: Corn and C. Derick Varn

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