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Can We Print Our Way Out Of Climate Change? | Graham Elwood

723 views · Published 25 August 2018 · 1:00:43 · Indexed 30 October 2026

Channel: Graham Elwood · 2018 · News & Politics

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Can We Print Our Way Out Of Climate Change? | Graham Elwood

This interview and discussion features Graham Elwood and Jeff Epstein from Citizens Media TV discussing Modern Monetary Theory (MMT), national debt, taxes, federal job guarantees, and addressing the climate crisis.
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📚 Sources & Further Reading:
This video is based on historical data, legal documents, and research by established institutions.
1. Wikipedia - Modern Monetary Theory: https://en.wikipedia.org/wiki/Modern_Monetary_Theory
2. Wikipedia - National debt of the United States: https://en.wikipedia.org/wiki/National_debt_of_the_United_States
3. Wikipedia - Federal job guarantee: https://en.wikipedia.org/wiki/Federal_job_guarantee
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In this video I discuss the following: 
✅ Monthly Modern Monetary Theory (MMT) discussion with Jeff Epstein from Citizens Media TV.
✅ Explaining fiat currency, national debt, federal deficits, and why federal taxes do not fund government spending.
✅ Addressing the climate crisis, federal job guarantees, productive capacity, and empowering ordinary people.

⏳ Timestamps: 
00:00 Introduction to monthly Modern Monetary Theory (MMT) discussion with Jeff Epstein (Citizens Media TV)
01:30 Climate crisis reality, record temperatures, and systemic failures of the political-economic establishment
07:15 Dissecting Medicare for All tax funding mechanisms and policy debates
09:30 MMT elevator pitch: currency issuers vs. currency users, and federal spending mechanics
14:00 Where money comes from, fiat currency (Nixon 1971), and the truth about federal taxes
18:30 Redefining the national debt, deficits, balanced budgets, and government savings
25:00 Real resources, productive capacity, and the physical limits of implementation (the horse analogy)
31:00 Three purposes of federal taxes: driving currency, controlling demand, and imposing moral decisions
39:00 Repurposing military spending, transforming the military for climate action, and class warfare
43:30 Detailed definitions of national debt, borrowing, deficits, and Social Security trust fund myths
49:30 The petrodollar, global currency dynamics, and economic fear-mongering tools
56:00 Natural unemployment, federal job guarantees, empowering citizens, and ending division

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#ModernMonetaryTheory #ClimateCrisis #CitizensMediaTV

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