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Podcast: The Human Action Podcast
Episode: MMT's Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation
Description: 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: https://Mises.org/HAP403a
Bob's Review of Stephanie Kelton: https://Mises.org/HAP403b
Bob's EconLib Article on Austerity: https://Mises.org/HAP403c
Technical Article on Why the Treasury Can't Overdraft: https://Mises.org/HAP403d