Moore Calls MMT 'One of the Stupidest' Ideas for Monetary Policy

The transcript discusses Ray Dalio's view that central banking is declining and may be replaced by modern monetary theory. The speaker criticizes the idea of printing money to create growth, citing examples like Zimbabwe and Venezuela. They advocate for stable prices, lower taxes, free trade, and less regulation to foster economic growth. The speaker expresses concern over the belief in money printing as a viable growth strategy.

What examples does the speaker provide to argue against the effectiveness of printing money for growth?

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How does the speaker feel about the seriousness with which people are taking the idea of printing money to create growth?

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