Is MMT the solution to the Coronavirus Economy? with Prof. Steve Keen
On the agenda, we give an overview of how the Coronavirus crisis will have impacted the already fragile economy when all is said and done, addressing the fiscal and monetary policy responses available to government. We then switch our attention to MMT, where Professor Keen will talk us through his Minsky modelling of MMT and how he believes MMT can be utilised in the economy during the COVID pandemic and to combat chronically low inflation, along with the resulting outcomes of MMT compared with traditional economic approaches
In today's webinar Nucleus Wealth's Head of Investments Damien Klassen, and Head of Advice Tim Fuller are joined by Professor Steve Keen to determine if MMT is the solution to an economy ravaged by Coronavirus.
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Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.