Part 2: Dr Sam Levey answers listener questions about the mechanics of the monetary system.
Full conversation available here: https://www.patreon.com/posts/patron-only-sam-105296626
Please help sustain this podcast!
Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast
All our episodes in chronological order: https://www.patreon.com/posts/43111643
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LIVE EVENTS!
- Updates on worldwide screenings of the documentary “Finding The Money” can be found here: https://findingmoneyfilm.com/where-to-watch/
- To arrange a screening of “Finding The Money”, apply here: https://findingmoneyfilm.com/host-a-screening/
STUDY THE ECONOMICS OF SUSTAINABILITY!
- Details of Modern Money Lab’s online graduate, postgraduate and standalone courses in economics are here: https://modernmoneylab.org.au/
Relevant to this episode:
- All our episodes with Sam Levey: https://www.patreon.com/posts/43189679
- “Buffer Stocks: A Better Diagram” by Sam Levey: https://slevey087.medium.com/buffer-stocks-a-simpler-diagram-a462e9ea5359
- “Monopoly Money: The State as a Price Setter” by Pavlina R. Tcherneva: http://moslereconomics.com/wp-content/uploads/2018/04/Tcherneva_MonopolyMoney_2002.pdf
- “Monopoly Money Redux” by Sam Levey: https://medium.com/@slevey087/monopoly-money-redux-a4d96f156f7
- Video of Sam explaining his state-as-price-setter model: https://youtu.be/um2r5xpt1KU?si=-8EE6l-mMkRjtbxX
- Explainer on how central banks achieve their target interest rate via a “corridor” or “floor” system: https://www.rba.gov.au/education/resources/teacher-updates/bridging-the-textbook-gaps-on-how-the-rba-implements-monetary-policy/?ref=aussienomics.com
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