https:\/\/us04web.zoom.us\/j\/314247393<\/a><\/p>\nNote: If you don’t have the Zoom app installed on your desktop computer, then joining the meeting via the above link will download and install the Zoom app on your desktop computer, and then take you to the meeting. You can also install the Zoom app on your smart phone, and then enter 314247393 as the “meeting number” that you want to “join”.<\/p>\n
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This online Forum will be on the topic of:<\/p>\n
“An Introduction to Modern Monetary Theory”<\/p>\n
and will be presented by longtime HCSV members Carl Angotti and Greg Alexander.<\/p>\n
This presentation is based on the concepts discussed in the book \u201cThe Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy\u201d by Stepanie Kelton, several of her online videos and another video that explains the concept of money \u2013 \u201cModern Money Theory for Beginners\u201d, by L. Randall Wray. It is important for Progressives to understand this concept that is becoming more mainstream in the recent past.<\/p>\n
In Stephanie Kelton\u2019s book she describes 8 myths about deficient spending by the Federal Government. During this presentation, we will touch on a few of the most important of these myths.<\/p>\n
For Example:<\/p>\n
Does the Federal Government Need to Balance Its Budget?
\nDoes increased Government Spending always lead to inflation?
\nHow important is the National Debt?<\/p>\n
Some of the other areas we will also cover are:<\/p>\n
What money is, how it comes into being.
\nWhat is a \u201cFiat\u201d currency?
\nAre there restraints on \u201cprinting money\u201d?
\nAre there counter opinions to the theory?<\/p>\n
As such, this presentation introduces these important questions and concepts to our Humanist Community and the general public.<\/p>\n
Bios:<\/p>\n
Carl Angotti is a longtime member of the Humanist Community. He is trained and worked as an Electronic Engineering Product Development Consultant in Silicon Valley for many years. He holds an BS from Carnegie-Mellon University and MS from USC in Electrical Engineering, and an MBA in Business from SJSU. His interest in Monetary Theory stems from his interest in the Stock Market and how it is impacted by Economics.<\/p>\n
He is intrigued by the concept of Modern Monetary Theory and how it operates in the real world.<\/p>\n
Greg Alexander is a longtime member of the Humanist Community, a member of the board since 2015, and our current Treasurer. He has a BS in Chemical Engineering and an MS in Chemical Engineering Practice from MIT, a PhD in Chemical Engineering from UC Berkeley, and a Certificate in Object Oriented Programming from UC Santa Cruz Extension. He became enthusiastic about Modern Monetary Theory upon reading \u201cThe Deficit Myth\u201d and discovering how MMT challenges myths about federal fiscal policies and removes some of the barriers to meeting the needs of the American people.<\/p>\n
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