What are taxes for? Warren Mosler answers
Warren Mosler in Italy is above all known for being the one who formulated the theories of the Moder Modern Theory (MMT), introduced in Italy together with Paolo Barnard .
In this interview, collected by Thomas Fazi, he explains some key concepts related to money and the role of taxes.
Does the state need citizens' money?
Do taxes come before the issuance of money?
Mosler is skilled in debunking the myths related to economics and finance with very fitting examples; so brilliant in the simplicity with which he articulates them, as to remove any doubt about his interpretation of things.
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In this video interview, among others, he demolishes the alleged role of taxes, as it is interpreted on a mass level.
In a certain sense, it solves the ancient dilemma of the chicken and the egg, linked to the currency itself.
All this reasoning is introduced by Mosler, to get to explain to us what should be done to reduce unemployment.
Warren Mosler, how unemployment is combated
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The article What are taxes for? Replies Warren Mosler comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/a-cosa-servono-le-tasse-risponde-warren-mosler/ on Fri, 14 Jan 2022 07:58:37 +0000.