How Will the Green New Deal Financed?

Based on this YouTube video and this article by the Washington Post (and additional sources if necessary), prepare a five-minute presentation to explain fundamental concepts of the Modern Monetary Theory (MMT). At the Sustainable Summer program, we will ask you to teach your peer participant about this theory.

Potential topics of your presentation include, but are not limited to:

  • Why the amount of government deficit doesn’t matter according to the MMT
  • Factors that determine how much currency the government creates via spending or removes via taxation
  • When an economy faces massive inflation due to the MMT and when it doesn’t
  • How the government  would normally control inflation
  • Why federal fiscal policies in the US often fail to do “economically right things”