Macro N Cheese

The last time Delman Coates was a guest on Macro N Cheese, the Our Money campaign was still fairly new, this podcast was on its 20th episode, and none of us had heard of COVID-19.  Now, almost two years and 100 episodes later, it was long overdue for him and Steve to get together again. Delman believes the federal response to the pandemic has been an eye-opener. People saw the government use the public purse to provide economic stimulus. New money was created through deficit spending without the need for new taxes to pay for it. It’s out in the open: whether deficit spending is being done to bail out corporations or whether it’s spent on emergency relief, everyone can see it happening. And so that's why I think that there is so much power in MMT. Paulo Freire talked about the pedagogy of the oppressed. MMT is a pedagogy of the people. And as people see their government working and functioning, they understand that the concepts that we've been espousing are true. And because of that, I think it's unassa