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In this episode of the MMT101 Podcast I’m chatting with Fiona McGregor and Marlene Halliday on the Scottish Indy Podcast. The topic of conversation is my new online course, The Why, The What & The How of MMT.

They did such a great job of combining information and entertainment in our chat that I asked Fiona and Marlene if I could share it on my MMT101 Substack platform – and they very generously agreed. So, here it is. It was really enjoyable, I think you’ll like it.

Just a quick note: I make a couple of slips of the tongue. At one point, while talking about Quantitative Easing (QE), I said “exchange rates” when I meant “interest rates.”

Later, after explaining why Germany wasn’t running deficits because they were earning so much from exports, I then oversimplified the UK’s position by saying: “governments must run deficits because individuals and businesses in the private sector are savers”. Of course, I should have added: “unless the foreign sector is bringing in an equivalent amount of income.”

Marlene and Fiona’s show is a must listen for anyone with an interest in seeing Scotland once again become an independent country. I highly recommend the Scottish Indy Podcast.

And of course, for more MMT content please subscribe to MMT101.

Resources

* MMT101 - Modern Monetary Theory (MMT) – The Why, The What & The How

* Scottish Indy Podcasts

Note, that paid subscribers resources are now on this page. Downloadable factsheets, a downloadable dictionary of economic jargon, my book/journal recommendations and much more.

Get full access to MMT101.ORG - Learn Modern Monetary Theory (MMT) at mmt101.substack.com/subscribe