"HEY STEF! DEFICITS ARE GOOD FOR THE ECONOMY!"
Two economic experts take on arch-Austrian Stefan Molyneux and attempt to convince him that Federal Government deficits are FABULOUS for the economy!
Dylan Moore and Nima Mahjour are long time listeners and Modern Money Theory (MMT) proponents. You can find their content at www.economicsjunkie.com.
MMT is an economic theory which suggests that our grandchildren will NOT have anything to pay back from Federal spending, that central banks do not control money supplies, and that a certain level of deficit is necessary for economic growth, among other things.
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