Just Print the Money

The changes that need to be made to fix our cities will never come about in a culture whose solution for everything is “Just print the money.”

Podcast, Finance, Top StoryStrong TownsNovember 30, 2020Modern Monetary Theory, New York, stock market, finance, Podcast

If Cities Die, No One Will Be Immune From the Pain

Cities won’t die in a vacuum. When you see a vacant office building, what you’re really looking at is your pension fund going belly-up, a loan that won’t get repaid, services that will have to be cut.

Sanphillippo, Coronavirus, Top StoryJohnny SanphillippoJune 23, 2020cities, coronavirus, Modern Monetary Theory

Modern Monetary Theory and the End of Recessions

Modern Monetary Theory suggests that recessions can be avoided – along with lots of unnecessary pain – if policymakers will commit the resources to preempt them. Sounds like the same promise the Forest Service made fighting fires last century.