Macro N Cheese

Real Progressives and Macro N Cheese are committed to bringing MMT to activists and folks with no background in economics. Many of us were only interested in learning how MMT disrupts the concept of taxes funding federal programs, but the more we know, the more we want to understand. MMT is funny that way. If you’re new to MMT, this week’s interview with L. Randall Wray might appear to be wonky and intimidating. But we urge you to listen and promise it will be worth it. We’ve had a few episodes dealing with inflation in recent weeks because that’s where we are at this particular time in history. We believe it can’t be talked about often enough because we’re surrounded by misinformation in the mainstream media and lies from the mouths of so-called experts. Steve invited Randy to talk about the recent paper he co-authored with Yeva Nersisyan, another friend of this podcast. The title speaks volumes: Is It Time for Rate Hikes? The Fed Cannot Engineer a Soft Landing but Risks Stagflation by Trying. To put it bl