Topic: Mmt

2 chapters across the catalog

30: School of Thought
• 1:28:54 - 1:33:16

30: School of Thought

Reparations, Holistic Approaches, and the $2 Trillion Stimulus

The hosts contrast the sudden availability of a $2 trillion coronavirus stimulus package with the historical dismissal of reparations as economically unfeasible. They critique "holistic" approaches to reparations, arguing that "holistic" is often a euphemism for avoiding direct financial compensation. The segment asserts that the mechanism for cutting checks to every citizen has been proven to exist, undermining previous arguments against cash-based justice claims.

02: Nudge Machine
• 1:02:05 - 1:07:00

02: Nudge Machine

Modern Monetary Theory and the Feasibility of Reparations

The discussion shifts to Modern Monetary Theory (MMT), which posits that the U.S. can print money without detriment to the economy. Adam Curry questions whether a trillion dollars could be printed specifically for reparations and what the consumer effect would be. The hosts contrast this with Williamson's claim that higher reparations are not "politically feasible" despite the government's ability to print money for other interests.