MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation

MMT’s Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation

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Tags: Capital and Interest Theory, Monetary Theory, Other Schools of Thought

07/07/2023 Robert P. Murphy

Bob walks through a recent interview of MMT champion Warren Mosler, in which he claims that Fed rate hikes lead to larger government interest expenses and hence support economic growth and inflation. Bob presents both theoretical and empirical evidence against Mosler's claims.

Bob's Debate with Warren Mosler: Mises.org/HAP403a Bob's Review of Stephanie Kelton: Mises.org/HAP403b Bob's EconLib Article on Austerity: Mises.org/HAP403c Technical Article on Why the Treasury Can't Overdraft: Mises.org/HAP403d Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: Mises.org/Nashville23

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Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.