#49 Phil Armstrong: Where Does Money Come From? (Part 1)

Part 1: Patricia and Christian talk to PhD scholar Phil Armstrong about learning from and working with MMT founder Warren Mosler, and the revolution in the understanding of money brought about by his insights.

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Phil and Warren Mosler’s paper: https://gimms.org.uk/2019/02/24/central-bank-operations-interest-rate-policy/

Bill Mitchell on sectoral balances: http://bilbo.economicoutlook.net/blog/?p=32396

Phil on Twitter: https://twitter.com/PhilArmstrong58

Info on Christian’s MMT show: https://christreilly.com/edfringe/

Transcript for opening monologue: https://www.patreon.com/posts/36621165