Inflation & MMT - When Will Inflation Stop

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Inflation is turning out to be stickier than originally thought. In this video I discuss the MMT view on inflation, why the mainstream view is wrong, what the core driver of inflation has been for the past year, and a likely path forward towards the end of the inflation cycle.

Here are some of the videos/recourses I mention in this video:

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Great video as always. The point on where money comes from (and its not the Fed), the way people have been wired, it would help if there was a description of how the TGA balance is uncreased in the first place in order for the govt to then draw it down when it spends. The average person believes that when the treasury issues securities it is funded because the private sector swaps bank deposits for the treasuries. It would help to have a description of how the Treasury can increase its TGA balance without taxes and selling treasuries

dingowhittingham
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where did you get the: fiscal flows 180 day average daily net flow chart?

daryusok