#LearnMMT audio snippet: Sam Levey of Deficit Owls talks about how the Treasury used War Bonds during World War II to manage inflation. We specifically talk about the topics of liquidity, maturity length, and psychology.

This audio segment comes from around the 32 minute, 30 second mark from episode three of Activist #MMT. This is our conversation on Sam's 2019 paper, "Modern Money and the War Treasury."