There's a lot of talk about inflation these days. One can walk into their local grocery store and notice that meat prices has increased dramatically. So I guess now is a good time to become a vegetarian, if you've been thinking about it. That being said, this question continues to arise...what can Biden do about inflation?
Well it turns out, there is something Joe Biden can do without putting the burden on taxpayers. Modern Monetary Theory, also known as MMT, focuses on macroeconomics and removes the myth of a debt ceiling.
Associate Professor Fadhel Kaboub joins Sabby to discuss how the United States government can apply MMT to fight inflation, provide universal healthcare and pay everyone a living wage. He also explains the concept of mint the coin...something the United States government can do tomorrow. What is mint the coin? And what else should we know about MMT?
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Sabby dives into MMT in this discussion.