Ep 40 [2/2]: Clint Ballinger: The funding is the decision to do it. (Plus: bonds suck)

Welcome to episode 40 of Activist #MMT. Today is part two of my conversation with Clint Ballinger about his 2019 book, 1000 Castaways: Fundamentals Of Economics [Amazon, Barnes & Noble]. In this second part, we continue our discussion on his book, specifically focusing on the purposes of the banking system versus the central government, and the job guarantee and foreign exchange. A full description can be found before part one. But for now, let's get right back to our conversation.