Debunking Modern Monetary Theory (MMT)

Old wine in new bottles, and it never tasted good.

My old video on The Origins of Money:

Carl Menger, The Origins of Money (1892):

Ludwig von Mises, The Theory of Money and Credit (1912)

California Gold Rush:

My video on Government Bonds:

Business Insider Article on MMT:

W.H. Hutt, The Theory of Idle Resources (1939):

My video which looks at Coca-Cola’s nickel fixed price:

Murray N. Rothbard, ‘The Austrian Theory of Money’ (1974):

US wages in 1971:

Price of Dozen Eggs in 1971 (US):

Price of TV set in 1971 (US):

Robert P. Murphy, ‘The Upside-Down World of MMT’ (2011):


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