The world's most simple national debt and deficit explanation
This video demonstrates the Paradox of Productivity very nicely.
The soundtrack is a bit stilted, but stick with it. It's good stuff.
2
comments:
Andy
said...
This is exactly the sort of presentation that MMT needs to start getting its message across. It needs a bit more work though but the method is right
I think that it could work in the UK. If the actual reality of central banking and private bank lending could be laid out using similar visuals, that would be a good start.
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2 comments:
This is exactly the sort of presentation that MMT needs to start getting its message across.
It needs a bit more work though but the method is right
I think that it could work in the UK. If the actual reality of central banking and private bank lending could be laid out using similar visuals, that would be a good start.
Know any budding programme makers Neil?
Thanks for posting my vid. I need some british people to speak so it sounds much more intelligent. :)
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