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An Austrian Critique of the New MMT Documentary

The Mises Institute is giving away 100,000 copies of Murray Rothbard's, What Has Government Done to Our Money? Get your free copy at https://Mises.org/Money Stephanie Kelton is the star of a new documentary film touting the alleged brilliance of Modern Monetary Theory (MMT). Murphy gives a comprehensive critique of the film, covering the flaws in its theory, history, and policy recommendations. Finding the Money Documentary: https://Mises.org/HAP447a Bob's Book on MMT, Understanding Money Mechanics: https://Mises.org/HAP447b Radford's Paper on P.O.W. Camps: https://Mises.org/HAP447c The Upside-Down World of MMT: https://Mises.org/HAP447d Bob's Article on Debt and Future Generations: https://Mises.org/HAP447e Bob's Article on The Origin of Specie: https://Mises.org/HAP447f Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​. Twitter ►   / mises   Facebook ►   / mises.institute   Instagram ►   / misesinstitute   SoundCloud ►   / misesmedia   Apple Podcasts ► https://podcasts.apple.com/us/artist/... Rumble ► https://rumble.com/c/c-2212754 Odysee ► https://odysee.com/@mises/ Podcasts ► https://mises.org/podcasts Chapters 00:00 Introduction 01:59 The MMT Argument 08:10 Who is Stephanie Kelton? 11:10 MMT's Convincing Strategy 17:36 How Kelton Came to the MMT Side 21:28 The Biggest Flaw in the MMT Argument 31:04 Non Sequiturs Snuck Into the Documentary 39:17 Kelton's Claim of Debt as a Financial Asset 57:30 Do Recessions Follow Federal Budget Surpluses? 59:55 Why Does Gov. Need to Borrow if they can just Print? 1:16:04 MMT Doesn't Understand Money 1:32:45 Conclusion

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