Patricia and Christian chat with Dr Steven Hail, MMT economist and author of "Economics for Sustainable Prosperity" about where your money goes when you pay your taxes. Spoiler alert: nowhere! Also under discussion: the difference between price shocks and inflation, the irrational assumptions of orthodox economists.
https://pileusmmt.libsyn.com/7-steven-hail-inflation-price-shocks-and-other-misunderstandings
https://pileusmmt.libsyn.com/7-steven-hail-inflation-price-shocks-and-other-misunderstandings