Nathan Tankus on the Future of MMT and How to Avoid U.S. Debt Default

Published: May 8, 2023, 4:30 a.m.

b'

Nathan Tankus is a popular writer for a newsletter titled, *Notes on the Crises* and is the research director of the Modern Money Network. Nathan is also a returning guest to Macro Musings, and he rejoins the podcast to talk about modern monetary theory and the debt ceiling. Specifically, David and Nathan discuss the future of MMT, the case for minting the trillion dollar coin, the prospects of issuing Federal Reserve securities, the history of the Fed\\u2019s operating procedures, and a lot more.

\\xa0

Transcript for this week\\u2019s episode

\\xa0

Nathan\\u2019s Twitter: @NathanTankus

Nathan\\u2019s Substack, Notes on the Crises

Nathan\\u2019s Modern Money Network profile

\\xa0

David Beckworth\\u2019s Twitter:\\xa0@DavidBeckworth

Follow us on Twitter:\\xa0@Macro_Musings

\\xa0

Join the Macro Musings mailing list!

Check out our new Macro Musings merch!

\\xa0

Related Links:

\\xa0

*The New Monetary Policy: Reimagining Demand Management and Price Stability in the 21st Century* by Nathan Tankus

\\xa0

*Federal Reserve Issued Securities: Not Such A Crazy Idea After All* by Nathan Tankus

\\xa0

*The Federal Reserve\\u2019s Monetary Policy Operating Procedures Have Come Full Circle: What Does That Mean for the Post-SVB FOMC Meeting?* by Nathan Tankus

\\xa0

*An MMT Response on What Causes Inflation* by Nathan Tankus, Rohan Grey, and Scott Fulwiler

\\xa0

*Issues Raised by the Credit Crunch and Global Recession* by Janet Yellen

'