https://www.youtube.com/watch?v=8Y33063Wn3o
The story goes: if Britain used modern monetary theory, the bond market would revolt. The truth is the opposite. In this video, I explain why the UK government’s ability to create money, to invest in real assets, and to build a stronger economy, enabled by modern monetary theory thinking, would make the UK more secure, not less.
00:00 – Do bond markets really panic under MMT?
00:50 – Neoliberal myths about markets and government
01:40 – The truth: how the UK government creates money
02:25 – Investment, growth, and productivity explained
03:15 – Why capital would flow in, not out
04:05 – Bonds as safe and essential assets
04:55 – Confidence vs austerity: what markets really want
05:45 – MMT and the virtuous cycle of prosperity
06:35 – Neoliberal scare stories undermine stability
07:10 – The government we need to deliver MMT
Credit to : Richard J Murphy