Thursday, 9 June 2011

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.

Know any budding programme makers Neil?

Tschäff said...

Thanks for posting my vid. I need some british people to speak so it sounds much more intelligent. :)