GestaltU with Demetri Kofinas on the Politics of MMT, Societal Objectives, & Institutional Trust

The conversation was motivated by Demetri’s tweets about MMT and fiscal policy, which stirred up quite a conflagration, and involved several primary exponents of MMT including Warren Mosler and Rohan Gray.   Adam and Demetri spent the first 35 or 40 minutes on MMT, mostly overcoming the frustration around the politicization of the concept. They discussed inequality and government’s involvement in the economy.   The conversation then shifted to what’s happening currently in the economy and to the US politically, both domestically and in terms of their projection of power internationally.   It was natural for the discussion to cover how a constant dwelling on themes around geopolitics and markets, and all the major risks, can weigh on your psyche, and how easy it is to develop pathos and obsessions, and how that can sometimes impact your personal life.   Demetri was kind enough to share his experience with brain cancer and how that was so transformative for him and how that translates to his outlook on life and his ability to see past some of the major issues that we constantly think about, and focus on some of the amazing things in our lives.   Hosted by Adam Butler of ReSolve Global*   *ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.