Written by John Lounsbury
Econintersect: Marshall Auerbach and Warren Mosler discuss the operations of fiat money systems. These operations are widely called “Modern Monetary Theory” (terminology first used by Mosler and William Mitchell, among others) but the core of this is not a theory at all; MMT describes the sectoral accounting of the economy using fiat money.
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This interview took place in 2013.
Warren Mosler and Marshall Auerbach have each contributed to GEI.
Source: YouTube