RadioMMT

Brett Scott is an independent thinker, when it comes to money and monetary systems. He has dabbled in the dark arts of the fin-tech sector, and helped create alternative currencies. After listening to Brett, you might resist assuming the government is like a giant squirrel, madly storing up dollars to get through the winter. Show Notes Altered States of Monetary Consciousness (substack)"I explore the frontiers of modern money and technology, and draw pictures to help you see our economic system with new eyes" by Brett Scott Cloudmoney: Cash, Cards, Crypto and the War for our Wallets (book)by Brett Scott, 2022 The Heretic's Guide to Global Finance: Hacking the Future of Money (book)by Brett Scott, 2013 Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional Audio Too Many Things, by Ed Kuepper, from the album Starstruck. Idiot Box by Sharon Van Etten & The Attachment Theory (music)

Anne and Kev thank our (known and unknown and known unknown) donors for our successful Radiothon 2025. Kev has spent days wrestling with his spreadsheet in preparation for looking at what happened when Australian treasurer Peter Costello paid down the government debt. Anne fries what's left of Kev's brain in the tech-bro fantasies of astronomical crypto wealth, courtesy of a conversation between Professor William Black, and Eric Vaughan. Show Notes Saturday 5th July, 1-4pmMMT Workshop (free, click for tickets)Public Money. Public Good.Torrens University, Flinders St Campus, Room 3.03 Friday 15th August, 9:30am-1pmA New Economic Vision for the Labour Movement (free, public forum)Unionists for a Job Guarantee (UFJG)Victorian Trades Hall54 Victoria St, Carlton VIC 3053 What is Anarcho-Capitalism?Eric Vaughan director of the documentary, THE CON, speaking with Professor William Black Episode #04, of a youtube series by Corruption Inc: The American WayJune 4, 2025 The CON (free to air, 5-part docuseries) Trump Signs Executive Order to Create Sovereign-Wealth FundWSJ News, Feb 4, 2025 Trump Wants Big Tech to Own the Dollar(Op-ed for Project Syndicate by Yanis Varoufakis, 5 June 2025) Lever Time (podcast, more info)Big Tech’s Monopoly Money,  Jun 5, 2025 How to Pay for Destroying Your Country (blogpost, more info)by Katy Swain Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck. Pump It Up by Endor Presumptuous by King Gizzard

It's Radiothon time for 3CR! As a radio station that finds itself on the fringes of mainstream media and the economy, we explain why we need to understand MMT, and with that understanding, why everyone should chip in what they can to keep both this program and the mighty 3CR radio station on the airwaves. Kevin, James and Alastair attempt to explain this while Anne takes a well-earned break. Anne does send in a cameo cart with an appalling version of the old ABBA classic to join the party. Listen if you dare. Show NotesWe mentioned this event, free to all, click to register:Public Money. Public Good. Workshop.1-4pm, Saturday, 5 July 2025Torrens University, Flinders St Campus, Melbourne. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.Money Money Money (cover by Tommy ReinXeed)

Kev ponders a conundrum that takes us back to 2006. If the conservative government was able to bring the government debt down to zero, after multiple budget surpluses, how is it that the economy didn't collapse? What does "paying off the debt" actually mean when you are talking about the federal government? And what does that do to an economy?Anne found an example of someone in Australia who's goal is to live without money. We look at what this reveals about the economy at a systemic level, and whether Kev has found a kindred spirit. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck.  Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck. Could you live without money? (The Full Story podcast)by Guardian Australia, 25 February 2025

Anne and Kev discuss Labor's resounding election victory, and the unusual simultaneous unseating of two rival party leaders. Will the ALP's huge majority lead to bold, transformational policy decisions in the next term of government, or will they still be scared of their own shadow and do very little, like they did in their first term?What about the Coalition? How will they rebuild after this catastrophe? Who cares? And how should The Greens and Labor get on in the future? Will anyone pay attention to the MMT analysis of the economy?This is a short and sweet review of the recent Australian Federal election. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck

Anne & Kev recap last week's show, explaining in less than five minutes why the current neoclassical economic theory is fundamentally flawed. Kev corrects his somewhat "off" description of banking practices from last week, but still doesn't really care. Attention to detail is not his strong suit. Then we meet the neoliberal family -- Gina Rinehart and Peter Dutton -- as they express mutual admiration for each other in front of a Santos gas plant. Have you got the stomach to have lunch with this lot? Apparently it's "simply the best," but listener discretion advised. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck.  Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.LEAKED: Gina Rinehart's Mining Conference (feat. Peter Dutton)TheBigBoi (Youtube)

We live in the Neoliberal era, and are told that the private sector must drive the economy while government gets out of the way. So what happens when we apply the economics of neoliberalism, that is, when we erase government debt, "balance" government spending with taxation, and let the banks take care of business? Anne and Kev apply an MMT analysis of neoclassical economics to find out what the result is. Spoiler: it's not pretty. Show Notes Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck.https://edkuepper.com/ Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck. Gregorian Chant by Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/Music promoted by https://www.chosic.com/free-music/all/

Anne speaks with MMT student Joseph Hateley about how to "DOGE-proof" the United States (hint: it has something to do with the payments system), and whether we need to fear a DOGE-style crusade happening in Australia. Kev gives an impassioned commentary on the state of the Australian budget commentary, and issues a challenge to our national public broadcaster. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.Elon Musk joins Verdict, Episode 214, 18 March 2025Senator Ted Cruz and Ben Ferguson interview Elon Musk Fatboy Slim - Star 69 (Official HD Video) More Information:Digitizing the Fisc (article)by Rohan Grey Modern Money Lab (MMT course) Rohan Grey on Digitizing the Public Fisc, Season 1, Episode 811, March 23, 2025Ipse Dixit (podcast)hosted by Brian L. Frye, Spears-Gilbert Professor of Law at the University of Kentucky College of Law

We return to the MMT basics, because the MMT understanding of money is about the only factual argument that can counter the DOGE mentality. Factual argument alone cannot withstand the powerful drivers of oligarchy, but MMT neutralises one of their main weapons -- the "deficit myth". MMT reveals that the DOGE slashing of government services to "save" our "taxpayer money" is ideological bunkum. Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional AudioToo Many Things, by Ed Kuepper, from the album Starstruck.Let It Grow, by Skeleton, from the album MentalizedChairman Powell; A Hole in the System; The Mismatch60 Minutes, 8 February, 2024Monty Python Royal Society For Putting Things On Top of Other ThingsThe Liberty Bell (From "Monty Python's Flying Circus")The City of Prague Philharmonic OrchestraGreat British TV Themes℗ A Decca Records Recording; ℗ 2011 Universal Music Operations Limited

Let's say you are a country with high mass unemployment. And let's say you are a country whose housing stock is badly in need of a thermal upgrade. What would you do?In 2020 Italy introduced a scheme called the Superbonus, to deal with just these issues. Was it a success? And where did they get the 160 billion euros? Show NotesModern Money Lab (courses, events)Superbonus - Strengthening of the Ecobonus and Sismabonus for energy efficiency and building safetyFun With Emojis (youtube) by James RosierTheme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck Additional AudioToo Many Things, by Ed Kuepper, from the album StarstruckMain Title (From "Superman") (Instrumental) by John Williams