Zoltan Bexley walks Kev & Anne through the inflation controversy, and explains who are inflation's winners and losers. Holy cow, you can lose big! But isn't that why we want activists, who understand the distribution of resources? Enter Kristin from the Australian Unemployed Workers' Union (AUWU) who reveals how one bunch of Australians is ganging up on another bunch of Australians.
Featuring Martin Watts (Professor of Economics), Rohan Grey (Associate Professor of Law), and Janet Yellen (U.S. Treasury Secretary).
To delve further into the MMT perspective on inflation:
Our friends Patricia Pino & Christian Reilly, over at The MMT Podcast, speak with MMT founder Warren Mosler and MMT scholar Dr Phil Armstrong about their recent paper: “Weimar Republic Hyperinflation through a Modern Monetary Theory Lens”.